ETNA integrates with WEX to expand market access and trading options
We are glad to announce our recent integration with the WEX Execution Venue, another step forward in expanding our trading capabilities and offering our clients unparalleled access to financial markets.
About Wex
Leading supplier of value-added execution services, WEX Execution Venue lets customers trade stocks, bonds, futures, and exchange-traded funds (ETFs). They have established themselves as a well-regarded supplier of execution services solutions on Wall Street because of their emphasis on anonymity, advanced technology, and excellent execution quality. WEX provides direct floor access, an agency brokerage desk, and a range of order types, such as Best-X, Sweep-X, VOL, Delta Adjusted, TWAP, and VWAP.
Advantages and Capabilities of Integrating WEX
Integrating with WEX brings a host of benefits, such as access to various asset classes, advanced trading strategies, and versatile order execution options. Below are the primary advantages and capabilities offered by this integration:
Access to diverse asset classes
WEX allows the trading of both equities and options, serving diverse investment preferences and enabling a broader range of trading strategies.
Advanced algorithmic trading
WEX supports advanced algorithms and trading strategies to optimize trading performance.
Extended trading hours
With WEX, you can stay ahead of the market trends with the ability to trade Pre and Post Market.
Comprehensive order types
With WEX, every order type is at your disposal, providing the flexibility to execute trades that best fit market conditions and investment goals.
Sophisticated order configurations
Traders can engage in single and multi-leg option trading, including combinations with equities, facilitating sophisticated and potentially more profitable trading configurations.
Flexible Time in Force Options
Integration supports ‘Day’ and ‘GTC’ orders, offering traders control over the duration their orders remain active, which is critical for strategic planning.
Agency Brokerage Desk
WEX’s agency brokerage desk provides a turnkey solution for clients, enabling them to place trades and manage their portfolios with ease.
ETF Expertise
WEX’s execution team has a thorough understanding of ETF compositions and characteristics, allowing clients to trade ETFs with confidence.
As we integrate WEX into our array of execution venues, we aim to improve your trading experience. Partnering with WEX offers more than just expanded services—it provides you with access to advanced algorithms, comprehensive market access, and flexible trading options. Utilize WEX’s cutting-edge technology to optimize your trading strategies and achieve superior results.