GL Rubyx automates trading and quoting on a number of option classes simultaneously on multiple exchanges. The Bank of East Asia will use GL Rubyx to perform automatic answer to quote request, automatic hedging of positions and neutral delta hedging.

In selecting a new options trading system we needed to find the right balance of functionality, performance and platform reliability, commented Clarence Yeung, The Bank of East Asia’s head of structured products. With GL Rubyx and GL Trade we found both a product which fits our needs and a partner who really understands our business.