UBS expands electronic trading in U.S. options

Discussion in 'Wall St. News' started by Sbelmont, Dec 14, 2007.

  1. http://www.reuters.com/article/companyNewsAndPR/idUSN1324258420071213


    UBS expands electronic trading in U.S. options
    Thu Dec 13, 2007 6:49pm EST
    Market News
    By Doris Frankel

    CHICAGO, Dec 13 (Reuters) - The U.S. equity derivatives arm of Swiss bank UBS (UBSN.VX: Quote, Profile, Research) said on Thursday it is offering its clients algorithmic trading on its newly launched electronic platform for options in the U.S. marketplace.

    Algorithmic trading -- where computers make multiple trades in fractions of a second -- has been transforming financial markets and is ready to make a mark in the U.S. options arena.

    http://www.reuters.com/article/companyNewsAndPR/idUSN1324258420071213
     
  2. (Piano keys playing in the background).........You and us........UBS............the "best & brightest" figuring out more ways for you to eloquently lose your money.