UPDATE -- Volant Trading Announces VOLEX With Advanced Options Routing Capabilities Available Through REDIPlus(R) EMS

VOLEX Introduces a High-Speed Liquidity Take Out Capability for Options Traders

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| Source: Volant Trading

NEW YORK, April 28, 2014 (GLOBE NEWSWIRE) -- Volant Trading expands execution services for options traders with advanced order routing capabilities and availability through the REDIPlus® Execution Management System.

The execution services division of Volant Trading, now called VOLEX Execution Services, is using specialized knowledge of the options market along with an ultra-low latency infrastructure to offer a high-speed liquidity sweep capability. Designed for option traders, VOLEX Take Out™ aggressively sweeps displayed and hidden liquidity, with sub-millisecond order processing times. VOLEX and VOLEX Take Out™ are now available through the REDIPlus® EMS platform.

"The Options market microstructure is evolving quickly with 12 exchanges introducing different order types and complicated fee tables," explains Vishal K. Gupta, Head of VOLEX Execution Services. "Only firms that specialize in options trading can offer the continuous improvements needed to optimize order routing for a variety of trading strategies," continued Gupta.    

"We're excited about this new relationship with VOLEX Execution Services," said Goutam Nadella, Chief Product Officer of REDI Global Technologies. "By offering connectivity to VOLEX through REDIPlus® EMS, we'll provide users with cutting edge technology and a robust suite of options trading tools for all strategies," stated Nadella.

About VOLEX     www.VOLEX.co  

VOLEX is Volant Trading's execution services division. VOLEX brings advanced execution capabilities and an innovative cost structure to market. Specialized for options traders, VOLEX offers a sub-millisecond, ultra-low latency routing infrastructure and the VOLEX Take Out™ order handling function to aggressively capture liquidity. VOLEX is available through the FIX® Protocol, REDIPlus® EMS and the Bloomberg™ EMSX systems.   

About REDI Global Technologies

Broker-owned until July 2013, REDI is now an independent, industry-supported and consortium-owned financial technology company. With access to 97 percent of the world's equities and derivatives electronic exchanges via broker networks, the REDIPlus® EMS provides a single platform for seamless order routing of equities, futures and options across the Americas, EMEA and Asia-Pacific.  REDI Holdings LLC ("REDI") operates the REDIPlus® Execution Management System, a leading global technology platform offered across the Americas, EMEA and Asia-Pacific through its wholly owned subsidiary, REDI Global Technologies LLC, a registered U.S. broker-dealer and member of FINRA/SIPC, and through REDI's global affiliates outside of the United States. To learn more, visit www.redi.com

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