NEW!! CBOE and its affiliate, Market Data Express are pleased to offer a new service-the CBOE Customized Option Pricing Service (COPS).
The CBOE Customized Option Pricing Service combines the market-making expertise of CBOE’s liquidity providing community with the simple access of MDX.
*Valuations are averages of contributions from several CBOE market-making firms that are accustomed to the rigors of continuous quoting over thousands of different underlying securities, strikes and maturities, which should result in robust valuations. Rather than creating valuations based off a single model. The CBOE Customized Option Pricing Service produces values that users can reasonably expect to be more closely related to tradable price.
* All open FLEX series and other customized options are priced daily by CBOE’s market-making contributors. Customers may request valuations for customized options that are not already in COPS. These requests can be sent to: email@example.com.
*Customers can choose as many valuations as desired, as frequently as needed through MDX’s simple website interface at www.marketdataexpress.com.
** To place an order for CBOE Customized Option Pricing Service click here
** To see the Price List for CBOE Customized Option Pricing Service click here
** To download a sample of the COPS data click here
** To see the file layout for CBOE Customized Option Pricing Service click here
Please contact Matt McFarland at (312) 786-7978 or firstname.lastname@example.org for additional information.
*** Legal Disclaimer:
Valuations represent an average of values supplied by a third party unless indicated otherwise for a particular valuation. Valuations are indications of potential market prices only and as such, are neither firm nor the basis for a transaction. Over-the-counter("OTC") options are valued in the same manner as the equivalent exchange-traded Flexible Exchange("FLEX") option. COPS data is not, and should not be construed as financial, legal or other advice of any kind, nor should it be regarded as an offer or as a solicitation of an offer to buy or sell or otherwise deal in any investment.
*** Please Note *****
On a series where MDX receives five or more contributed values, MDX will remove the high and low submitted values from the calculated average. On a series where MDX receives less than five contributed values, MDX will run a straight average of all submissions without removal of high or low values
*MDX will not produce a value on the initial trade date of a new FLEX series, the series will not be posted until the following day.