This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Spot Trading LLC Selects CUSIP Global Services For Options Tracking, Mapping And Cross-Referencing

NEW YORK, May 20, 2014 /PRNewswire/ -- CUSIP Global Services (CGS), a leading provider of unique security and entity identifiers and descriptive data that enable efficient global trading, today announced that Spot Trading LLC, a technology-focused proprietary trading firm, has selected the CGS Options Service for tracking options contracts and to assist with internal symbology cross-referencing.

"Having an official CUSIP for each option contract and the underlying security brings precision and efficiency to our trading operations," said Jordan Zounis, Partner and Director of Research with Spot Trading LLC. "The standardized, 9-character CUSIP also easily maps to the symbols from the Options Price Reporting Authority (OPRA) and Options Clearing Corporation (OCC)."

The CGS Options Service provides CUSIP identifiers and descriptive data for over 500,000 US and Canadian listed equity, ETF, and Index options.  To distinguish them from other CUSIPs, the third position is reserved for a C or P, indicating a call or put option.  CGS' Options Service includes data elements such as strike price, contract size, and the CUSIP Issuer Description, and is delivered via internet FTP.

"We're excited to partner with a technologically progressive firm like Spot Trading," said Matthew Bastian, Director of CGS Market, Business and Product Development.  "Their integration of the Options Service reflects their commitment to maintaining the most comprehensive, accurate and universally interoperable security master database possible.  This level of options data tracking, mapping and cross-referencing is only attainable through a standards practitioner like CGS."

For more information on the CGS Options Service, contact CGS at 212-438-4500.

About CUSIP Global Services The financial services industry relies on our unrivaled experience in uniquely identifying instruments and entities to support efficient global capital markets.

Our extensive focus on standardization over the past 45 years has helped us earn the reputation for being the trusted originator of quality identifiers and descriptive data, ensuring that essential front- and back-office functions run smoothly.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs