Morgan Stanley Electronic Trading (MSET) has upgraded its suite of electronic options trading strategies. Its new offering will allow clients to trade US listed options, and navigate the options space.
MSET is offering clients access to Morgan Stanley’ Options Smart Order Routing Technology (OSORT), its stealth options order types and algorithmic trading strategy, and its new automated delta hedging tool. Morgan Stanley’s OSORT routes orders to multiple options market centers, taking into consideration a number of factors such as price, available liquidity, speed and execution quality.
In addition to its exchange directed order type, MSET is offering its clients two new order types, meant to assist them in maintaining anonymity when maneuvering through the marketplace. The stealth reserve order allows a client to display a portion of the order at a given price and keep the remainder of the order in reserve, while OSORT searches for liquidity within the client’s specified limits.
