UBS expands electronic trading in U.S. options

http://www.reuters.com/article/companyNewsAndPR/idUSN1324258420071213


UBS expands electronic trading in U.S. options
Thu Dec 13, 2007 6:49pm EST
Market News
By Doris Frankel

CHICAGO, Dec 13 (Reuters) - The U.S. equity derivatives arm of Swiss bank UBS (UBSN.VX: Quote, Profile, Research) said on Thursday it is offering its clients algorithmic trading on its newly launched electronic platform for options in the U.S. marketplace.

Algorithmic trading -- where computers make multiple trades in fractions of a second -- has been transforming financial markets and is ready to make a mark in the U.S. options arena.

http://www.reuters.com/article/companyNewsAndPR/idUSN1324258420071213
 
(Piano keys playing in the background).........You and us........UBS............the "best & brightest" figuring out more ways for you to eloquently lose your money.
 
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