Credit Suisse Expands AES Options Through PrimeTrade

Credit Suisse announced that AES Options single leg tactics for US listed Equity, Index and ETF options can now be accessed through PrimeTrade, Credit Suisse’s leading global front end trading system for listed derivatives, US treasuries and foreign exchange.

PrimeTrade, used by over 1000 traders at leading hedge funds and institutions, provides access to over 35 futures and listed options exchanges across the world. Its complex order offering includes option structures, cross-product spreads, foreign exchange, as well as access to Credit Suisse’s AES algorithms and Onyx, Credit Suisse’s Fixed Income algorithmic Trading Platform .

Pat Luongo, Director in AES Options at Credit Suisse, said, “AES Options is a provider of single and multi-leg US listed options tactics and is used by a broad, diverse client base on desktops globally. The integration with PrimeTrade expands our offering to clients and will help us continue to grow our presence as a leader in electronic options trading globally. We are excited to start on-boarding new and existing clients.”

Nick Hodge, co-head of US Fixed Income Electronic Execution Sales at Credit Suisse, added, “PrimeTrade remains at the forefront of electronic trading and continues to offer clients a robust and easy to use platform across many asset classes including access to our suite of AES tactics. We are very pleased to further enhance our offering by giving our AES Options clients the ability to trade with us over PrimeTrade.”

PrimeTrade provides 24 hour access to real-time prices and execution in all major global currencies directly from Credit Suisse’s market makers based in New York, Tokyo, London and Zurich.

PrimeTrade users can consult strategic and technical advice on upcoming economic events, portfolio management, and trade construction via the platforms link to Credit Suisse‘s Research and Analytics facility.

PrimeTrade provides Straight-through Processing (STP) for clients to both the PrimeBrokerage product and Continuous Linked Settlement (CLS).