FlexTrade's FlexOPT solution for hedge-fund and proprietary traders provides complete options trading capabilities. With an array of tools, it minimizes market impact, transaction costs and risk exposure by implementing various options trading strategies, including user-defined algorithms for real-time, quantitative trading and order management.

FlexOPT also functions as a real-time risk management tool and enables traders to create individual trading strategies with fully customizable analytics and alarms, coupled with quantitative capabilities, smart routing, and real-time data.

• Aggregates options liquidity from all exchanges on one platform. Trade equity, index, ETF, futures, and FX options.
• View real-time streaming prices and sizes.
• Write custom algorithmic trading rules with a choice of pricing models, including Black-Scholes, Binomial, Adesi-Barone-Whaley or one of your own convexity models.
• One-click trading for single options or multi-leg strategies. Trade spreads, butterflies, condors, and more at the click of a button.
• Define your own hedge instrument.
• Use FlexTrade or broker algorithms for fine control of delta hedging.
• A powerful algorithmic trading platform allows you to react automatically to changing markets. Whether you are long volatility or short volatility, let the rules trade as often or as infrequently as desired to maintain a hedged or un-hedged position.
• Rules-based strategies provide algorithmic executions and automated market-making in either price or volatility terms. Traders can bid 12% volatility and offer 15% volatility with the system automatically replacing orders in reaction to movements in the underlying security or to changes in interest-rate policy.
• FlexOPT is fully integrated with the FlexTRADER equity, futures, and FX trading systems, giving traders the ability to control risk across multiple asset classes.
• Real-time Greeks calculations (delta, gamma, theta, and vega), which are fundamental for both trading and risk-management. Grouping by book and underlying for exposure monitoring.
• Single option multi-market display and control.
• Option matrix multi-market display and control.
• Integrated smart routing, sweeping.
• Dynamic strategy matrix (patent pending).
• Also comes in a non-trading version for risk managers who need to monitor risk across multiple asset classes from all traders under their supervision.