Deutsche Bank announced the launch of its Automated Tool for Orders Management (Atom) enhancement for Autobahn last week. Coupled with a change in Deutsche’s terms of trading whereby the bank commits to deal on its streamed option prices (except in cases of the most manifest error) without re-quote, it looks like competitiveness in electronic options trading is entering a new phase.
Pricing and trading will still be executed within Autobahn but Atom will offer complete order facilities.
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