Credit Suisse Teams Up With Bloomberg To Offer AES Options Complex Strategies

Credit Suisse, a Switzerland-based financial group, has incorporated its AES Options complex algorit

Credit Suisse clients can now access its full suite of AES Options algorithms through the Bloomberg service. In addition to the AES Options single leg algorithms, these complex order types are accessible to users via the Bloomberg Professional Service.

Gene Choe, head of AES Options Sales at Credit Suisse, said: "We are very excited to be the first bank to offer and expand our clients' complex trading capabilities through our integration with Bloomberg. Since more of our clients are trading complex order types electronically, it's imperative that we are able to seamlessly integrate our strategies into our clients' workflow, and integration with Bloomberg allows us to do that."

Don Carey, global head of EMSX, said: "The improved Bloomberg EMSX now delivers multi-leg options functionality that leverages Bloomberg's core strength in market data, analytics and electronic trading. All Bloomberg professional service customers now have the ability to implement complex options strategies including delta neutral orders through a highly intuitive interface directly from OMON.

"Customers can analyze pre-trade risk, perform scenario analysis and route orders to both desk and algorithmic destinations. We are very excited to enrich the Bloomberg offering with such a robust and tightly integrated solution."