Option Liquidity Solution v4 (OLS4)
What is OLS4 ?
OLS4 is price aggregation technology providing virtual-streaming, multi-bank best-bid/best-ask executable option pricing & intelligent routing.
FX Bridge’s OLS4 is the solution for third-party platforms to access option liquidity from the world’s largest banks.
Multi-bank streaming option price feed
Order matching & smart routing engine
High speed & volume execution API
FX Bridge OLS4 delivers “normalized” prices to satisfy standardize retail options demand. Prices are accessible as premium as a single price or array of prices across a range of strikes.
Multi-bank streaming option price feed
Order matching & smart routing engine
High speed & volume execution API
Choice of premium or volatility pricing
Choice of standard or custom strikes/expiries
Price tuning & spread management
Comprehensive management reporting
Dodd-Frank compliant option ECN/SEF
FX Bridge OLS4 delivers “flexible” prices to satisfy commercial and institutional demand as well. Price data includes premium or volatility, as single vanilla option or as a multi-leg combination.
Best Type of Option for Retail Business
Standardized “exchange-style” option
Fixed quantity
Fixed strike prices
Fixed expirations
Tradable (opening & closing orders)
Long & short positions
Why Exchange-style Options?
Proven trading product in equities
Proven trading product in futures
History of success with retail traders
Advantages for Dealers
More profitable than exchange-traded options
Differentiates dealers from competitors
Broad trader appeal & stickiness
Preserves trader equity
Same account spot & options trading
Cross asset margining
Advantages for Traders
Simple & easy to use
Limited risk
Staying power
More trading strategies
More risk management strategies
Preserves equity
Cross-asset margining
Benefits to Market Makers
Contribute to multi-bank option liquidity feed
Choose to route trade flow to internal risk book
Expand offering to other B/Ds thru API
Benefits to Market Takers
Single-screen streaming BBO price discovery
Trade compressed spreads
Choice to trade volatility and/or premium
Immediate automated execution, not RFQ
