FLEX Options-Meet FLEX-FA

In order to provide our customers the best FLEX execution services, XFA’s FLEX team created a tailormade platform, FLEX-FA to streamline intraday quoting of FLEX options, enhancing the speed and reach of XFA’s brokerage services. FLEX-FA standardize and automates the RFQ process and benefits our customer by increasing liquidity and promoting best price execution.

  • Variable terms- $ units or % strikes and prices off the close
  • Intraday trading or Delta Adjust on Close terms
  • Long dated puts and calls: up to 15 years with expiration on any market trade date
  • Physical or Cash settled ETFs

FLEX Options can be made for any index, ETF or Equity that has listed options. From single-leg calls and put to complex spreads, on-exchange liquidity providers are able to price a wide range of strategies. Why is this worth noting?

Using customized hedging solutions with XFA allows you to benefit from:

  • Custom Contract Terms – Strike Prices with American/European Exercise Styles
  • Reduced Counter-Party Risks – Flex options do not require ISDA docs and clear at the OCC
  • Competitive Pricing – XFA sources liquidity from multiple entities providing best price execution
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