Headquartered in Chicago, Wolverine Execution Services (WEX) specializes in value-added execution, enabling clients to trade equities, options, futures, and ETFs through our proprietary electronic trading platform (WTP), algorithms, floor access, and agency brokerage desk.
Our focus on anonymity, sophisticated technology and superior execution quality is why we are widely considered to be one of the premier providers of execution services solutions on Wall Street. WEX delivers exceptional trading alternatives for both technical and institutional trading styles.
Wolverine Execution Services bridges the gap between voice and electronic trading
Wolverine Execution Services (WEX), a leading provider of premier technology and execution services to Institutional clients, announced today the launch of “Request For Quote” (RFQ). This new functionality, within the WEX Trading Platform (WTP), will provide a simple and fully electronic workflow, which will mirror the traditional high touch trading. Only available in the WTP, RFQ allows the user to request option quotes for single or multi leg spreads and quickly select one or many liquidity providers to furnish a single or two sided market. Once the request is made, the liquidity provider is immediately notified and can respond with a quote. The firm who responds with the best quote may receive a systematized order from the client allowing them to trade the order using WTP.Read More
Wolverine Execution Services expands options algorithm suite with the addition of VOL and TWAP and algorithms and expands upon BEST-X functionality to include spreads
Wolverine Execution Services (WEX), a leading provider of value added technology and execution services, today announced the ability to send complex orders to its Best-X options algorithm and the addition of two FIX based options algorithms, Vol and TWAP.Read More
Wolverine Execution Services enhances Sweep-X and Sweep Spread options algorithms with hidden order functionality
Wolverine Execution Services (WEX), a leading provider of value added technology and execution services, has enhanced its Sweep-X and Sweep Spread options algorithms with the ability to handle hidden orders. WEX Sweep-X is designed to meet the need for immediacy in order execution by aggressively seeking liquidity for marketable orders to quickly capture displayed and hidden liquidity. WEX Sweep Spread works orders using Sweep-X's proprietary execution logic by simultaneously accessing the various complex order books through direct exchange connectivity.Read More