March 4, 2013
-- DAS, Inc. and MIXIT completed a certification which will allow firms on both networks to send complex options orders. Lampost Capital, L.C. is the first contra broker to spearhead this initiative. This combination of low latency networks will help options traders get the best execution for their multi-leg options orders. Previous to the certification with MIXIT, DAS Traders would have to send multiple orders to one or more destinations, but with this certification, not only is time saved during order entry, it also reduces the risk of legging separately placed single leg orders. Additionally, the complex options order certification reduces latency by combining the MIXIT and DAS networks.
Already enjoying the order flow directed by brokers to Lampost via the DAS Trader Pro platform, Lampost was eager to participate in this integration. "We are thrilled to continue to expand our equity and options execution services to DAS and its clientele. It has been a great collaboration through the years," stated Lampost Capital’s CEO Michael Meade. Currently the MIXIT connection between DAS, Inc and Lamppost is only available for select broker dealers and trading groups. If you are a trader who needs routing access for complex options orders, please contact your broker who can facilitate the process to make the necessary connections.