Modernization of Options Trading System

leading stock exchange and global provider of exchange technology, Client Nasdaq sought to update their Floor Broker Management System (FBMS) for the options trading floor at the Philadelphia Stock Exchange. Key highlights of FBMS include: - Efficiently executing significant volumes of US equity options - Processing complex multi-leg orders with speed and accuracy, surpassing other trading floors - Offering a faster and more dynamic user interface with automated order and trade updates - Seamlessly integrating with market surveillance for improved regulatory compliance - Adaptable to handle a projected user base double the current size - Equipped with a flexible architecture to support multiple brokers and devices - Enhancing monitoring and optimization capabilities for improved system performance