Credit Suisse Announces AES Options Offered Through PrimeTrade

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Mar 26, 2013, 09:37 ET

NEW YORK, March 26, 2013 /PRNewswire/ -- Credit Suisse today announced that AES Options single leg tactics for US listed Equity, Index and ETF options can now be accessed through PrimeTrade, Credit Suisse's leading global front end trading system for listed derivatives, US treasuries and foreign exchange.

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PrimeTrade, used by over 1000 traders at leading hedge funds and institutions, provides access to over 35 futures and listed options exchanges across the world. Its complex order offering includes option structures, cross-product spreads, foreign exchange, as well as access to Credit Suisse's AES algorithms and Onyx, Credit Suisse's Fixed Income algorithmic trading platform.

Pat Luongo, Director in AES Options at Credit Suisse, said, "AES Options is a provider of single and multi-leg US listed options tactics and is used by a broad, diverse client base on desktops globally. The integration with PrimeTrade expands our offering to clients and will help us continue to grow our presence as a leader in electronic options trading globally. We are excited to start on-boarding new and existing clients."

Nick Hodge, co-head of US Fixed Income Electronic Execution Sales at Credit Suisse, added, "PrimeTrade remains at the forefront of electronic trading and continues to offer clients a robust and easy to use platform across many asset classes including access to our suite of AES tactics. We are very pleased to further enhance our offering by giving our AES Options clients the ability to trade with us over PrimeTrade."

Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer clients its expertise in the areas of private banking, investment banking and asset management from a single source. Credit Suisse provides specialist advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 47,400 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

SOURCE Credit Suisse AG