Saxo Bank Launches New Order Ticket for Multi-Legged Option Transactions

[kreslik.news]

Danish multi-asset brokerage Saxo Bank has released a newly developed type of order tickets which allows contract options traders to simultaneously buy or sell a number of different options that traditionally could only be achieved by placing separate orders.

The new combination order ticket, also sometimes known as combo or complex tickets, is designed to simplify and accelerate order entry. It allows traders to buy or sell series of options on all offered US listed equity, ETF and index options in a single order ticket.

This special order type comprises two or more components or legs that execute as a single transaction. ... (read more)