EMS
Create a custom trading environment with the WEX Trading Platform.
Basic & Crossing Order Entry
Execute equity, options, futures and ETFs with customizable order tickets.
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Standard Order Tickets: Allow users to define their custom trading parameters and receive market and risk intel before submitting an option, equity, or future order. -
Crossing Order Tickets: Enable a trader to submit matching customer and broker orders together. -
Functionality: Order tickets can be attached, launched and utilized from all WEX Trading Platform data and analytics applications.
Vol/Vega & Dispersion
Execute, manage and hedge while incorporating user defined dynamic controls.
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Vol Trader: Execute an option while hedging with its underlying based on market volatility. -
Vega Trader: Put on or take off volatility positions by defining a target vega amount for a specific underlier. -
Dispersion Trader: Execute, offset and hedge dispersion trades, calendar vega trades, risk/reversals and Vega trader Baskets.
Spreads and Baskets
Load, adjust, and trade multi-asset lists and complex orders.
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Spread Viewer & Builder: Define, build, track and execute multi-leg spreads. -
Spread Trading: Receive data and trade any pair or permutation of stocks, options, or futures while utilizing controlled leg risk. -
Basket Trading: Easily import a list of options, equities, and futures orders into one applet. Gather analytics, and risk information before executing orders simultaneously and rebalancing.
Data & Analytics
Stream real-time trading intel for an in-depth look at the marketplace.
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Quote Cubes: Access a full book of data for options, equities and futures. -
Option & Equity Time and Sales: Collect tick-by-tick details over a defined period of time. -
Option Sector Viewer: View the largest trades, momentum, most active, open interest change, put/call ratio, and unusual volume. -
Equity Imbalance Viewer: Easily identify securities that are imbalanced at the open or close of the current trading day.
API
A framework to develop applications to leverage WEX’s robust trading systems.
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Utilizes Microsoft .Net Framework and COM interface.
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Compatible with a number of languages including C#, VisualBasic, VBA, and C++.
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Fully interact with any order within WEX systems.
OMS
A complete order management system in an easy-to-use customizable application.
Multi-Asset Trading
Access sophisticated order entry, advanced order management, and in-depth data for options, equities, ETFs, and futures.
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Sophisticated order entry specializing in Vol/Vega, Dispersion and Spread trading.
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Centralized locations for users to efficiently view, manage and trade.
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In-depth data and analytics to provide a real-time look at the marketplace.
Customer Order Flow Management
Create and utilize a seamless, customized, and complete customer order flow process.
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Tools and services to help ensure transactions are monitored, reflected, booked and fulfilled.
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Allows for seamless and transparent workflows such as Desk to Desk, Desk to Broker, Crossing and Flex.
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Includes notifications, alerts and recaps on all transactions.
Middle Office Management & Risk Control Mechanisms
Utilize risk management applications ensuring transactions are monitored, reflected, booked, and fulfilled.
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Monitor, manage, book and redistribute transactions.
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Utilize daily or real-time drops to populate locates into WEX Systems.
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View and adjust risk levels, permissions and settings.
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Access, manage, and search locate IDs, restrictions and activity logs.
Reporting Tools
Fulfill both regulatory and compliance departments requirements with multiple layers of reporting.
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Create, view, schedule and send real-time custom reports.
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Access a complete system of books and records.
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Capture timestamps for multiple workflow types.
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Fulfill CAT and 606 reporting requirements.
WEX Connect
Access a complete network of brokers while utilizing end-to-end reporting.
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Incorporate a network of brokers into an efficient and seamless execution process.
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Acquire transparent reportable data in a customizable solution ideal for CAT reporting.
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Capture all electronic and manual order events, to fulfill trading, back-office and regulatory requirements.
Algos
Dynamic tools designed to complement a variety of trading styles.
Option Algos
Options
Futures Algos
Futures
Equity Algos
Equity
Designed to complement a variety of trading styles.
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Combine advanced analytics with user defined parameters for customized order entry.
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Minimize market impact & price slippage.
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Meet the need for immediacy while accessing available liquidity.
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Allow for crossing.
High Touch Solutions
Access an experienced team of brokers with advanced knowledge of equity, options, ETFs, and futures markets.
Customized Execution For Portfolio Managers
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Source Liquidity: An institutional agency desk to efficiently and anonymously source liquidity with minimal market impact, with an expertise in flex option execution. -
Floor Access: An established brokerage unit specializing in exceptional execution quality and unparalleled access to trading floors and electronic markets. -
Match Execution Methodology: WEX Brokers account for liquidity, volatility and market conditions to determine the best execution methodology to reach each client's desired outcome.
About
Premier provider of trading technologies
WEX along with Wolverine Trading Technologies has become the leading provider of innovative order execution and management tools to institutional traders, back offices, and operation teams across the globe. With an offering that includes:
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Custom order flow management tools
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Intuitive order entry applications
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Best execution algos
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Comprehensive reporting services
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Customized Execution Solutions
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And a network of brokers