Our all-new trading platform, LMEselect v10, will be more performant, combining the optimum balance of predictable, deterministic and low latency.
It will also enjoy a number of exciting new features and enhancements including:
- enhanced order functionality
- premium-quoted options (with market-maker protections, mass quotes and cancels)
- custom strategies
- expanded implied routes
- Self Execution Prevention (SEP)
The platform is being built in-house and leverages the technology HKEX used to build their cash equity trading platform.
Specifications
Functional specifications for the new trading platform are available here. We aim to share performance metrics once known, both after testing and once the system is live.
Functional Enhancements
Participant model and PTRM:
- drop copy replay of execution reports
- indicative opening price publication
- Self Execution Prevention (SEP)
Order books:
- intra-day strategy and option series creation outside of order flow
- increased implied routes
- variable tick sizes
- merging of order books
- increased custom strategies
Order management:
- additional order types
- additional order validation
- Request for Quote (RFQ)
- mass order cancellation
- mass quote
- market maker protection
- configurable order management
Execution management:
- drop copy replay of execution reports
- indicative opening price publication
- Self Execution Prevention (SEP)
Note, some functionalities/features will not be part of initial go-live release.
Contact us
If you have any questions, please get in touch.
Contact us
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