Bloomberg users gain direct access to CBOE
Users of Bloomberg’s Execution Management System can now send, execute and confirm orders electronically with CBOE floor brokers and other users of CBOE’s PULSe trader workstation.
The direct connection announced in March gives 17,000+ Bloomberg EMSX subscribers direct access to the CBOE PULSe community, creating greater efficiency in trade execution and compliance management, according to CBOE executives.
The PULSe Execution Management System offers connectivity to CBOE, C2 Options Exchange and CBOE Futures Exchange, as well as other equity and options exchanges in a single platform. Other features include Rule 15c3-5 risk controls, 12-leg complex orders, specialized index trading tickets, and CBOE extended trading hours access.
In addition, EMSX users will have electronic access to the open outcry liquidity in CBOE’s SPX and VIX options, according to Andy Lowenthal, CBOE senior vice president of business development.
