Cboe today unveiled another set of enhancements to Cboe Silexx, a multi-asset order execution management system (OEMS) that caters to the professional marketplace.
Modules now available upon request:
- Portfolio – real-time P&L tracking and risk analysis with summary section including Net Qty, P&L Net, P&L Day, and Delta summary.
- Charting – charts with underlying historical data customizable by interval and chart type, and offers multiple technical indicator types.
- BasketTrader– upload, build, and save multiple single and multi-leg orders, with the ability to send in full or selectively with ease.
VSA Viewer is now available for all users, providing Expected Opening Information for Constituent Series on Volatility Settlement Dates between 8:30 AM ET and 9:30 AM ET.
Bloomberg and Fidessa are connected to the Cboe Silexx FIX Hub, allowing users of either platform to route orders to Cboe Silexx users.
Futures-related attributes were added to Order Manager and Order History:
- Futures Executing Broker; Futures CMTA; CTI Code; Futures Clearing Range; Futures Clearing Account.
Speaking of recent changes to Cboe Silexx, let’s note that in September the platform retired OATS reporting.
The move is in accordance with the Financial Industry Regulatory Authority’s (FINRA) rule change for Order Audit Trail System (OATS). FINRA has determined that the accuracy and reliability of the Consolidated Audit Trail (CAT) meet the standards approved by the SEC and has determined to retire OATS as of September 1, 2021.
Regarding recent updates to Silexx, let’s mention that in July Cboe Silexx improved Order Manager so that it now displays market data captured at time of order entry in Order Trail. Order Trail column customization has become available in Order Manager Settings.
There are also CAT reporting enhancements:
- “Sender IMID” and “FDID” fields now mutually exclusive.
- Addition of MEIR, MEIM, MEIC, and MOIR route events for firms that route internally.
- Also, “Pushed By” and “Claimed By” columns have been added to Order History.