The International Securities Exchange is rolling-out ‘PrecISE Trade’, its new front-end trading application for broker-dealers to access its markets. ISE says the system offers users a lighter application with reduced bandwidth requirements and a faster, flexible trading interface that provides greater capacity to support future enhancements.
ISE says PrecISE will provide users with a straightforward means to enter facilitation of spreads and facilitation of tied to stock orders. Additionally, the system now has market data embedded in order tickets, new pricing fields for delta neutral orders, new complex order book filters, and market statistics.
Other notable enhancements include a redesigned trade blotter and trade statistics window, Microsoft Excel exporting and printing functionality as well as online help. PrecISE also enables access to away market routing, letting user tap into liquidity on other options exchanges from a single workstation.
We are pleased to provide our members with access to the latest technology to meet their options trading requirements, said Gary Katz, chief operating officer. PrecISE offers a fast and flexible way to support smarter trading across multiple markets through one interface.