OCX.BETSTM
OneChicago Blocks & EFP Trading System
OCX.BETSTM (Blocks and EFP Trading System) provides a competitive anonymous electronic trading platform for Block, Block Rolls and EFP trades. Additionally, OCX.BETSTM provides a reporting mechanism for pre-negotiated/voice brokered Block, Block Rolls and EFP trades.
Firms can choose to use either the provided OCX.BETSTM front end trading screen or write to the OCX.BETSTM API. Connectivity can be via internet, VPN, or a point-to-point connection. All communication is encrypted.
OCX.BETSTM Front End Trading Screen
Access to all functionality is available through the provided front end trading screen. Most users will find that internet connectivity meets their needs, those users that opt for VPN or point to point connectivity will be responsible for those charges. Each GUI User login will be charged $500 per month unless 6000 or more contracts are traded that month.
As shown below, the OCX.BETSTM front end provides an intuitive full featured trading screen to access the OCX.BETSTM marketplace.
Application Programming Interface (API).
The OCX.BETSTM API provides the customary trading API functionality including order entry, and fill notification. It also supports reporting bi-lateral deals that were conducted outside of the OCX.BETSTM trading book. Generally, OCX.BETSTM market making or reporting large numbers of bi-lateral trades can be best accomplished through the API.
Initially, each API login will be charged $2,000 per month, however, for a limited time, we will waive the fee for API logins. Users will be responsible for any VPN or point-to-point connectivity charges.
Trade/Order size
Bi-lateral and book executed trades may be entered for any acceptable size for the trade type (Blocks minimum size is 100 contracts; Block Rolls minimum size is 50 contracts per leg, EFPs minimum size is 1 contract)
For information relative to EFPs please refer to our educational brochures & tutorial available at www.onechicago.com
Click to View OCX.BETS Presentation
Click to View OCX.BETS EFP Audit Trail Report
Click to View OCX.BETSTM Screen Shots Example
Click to View OCX.BETSTM Screen Shots Example for non standard month