Our major product base includes:
XFA executes transactions in all equity derivatives products and conducts large operations on CBOE and NYSE Arca, taking our clients’ business where they will receive the best execution. XFA is one of the largest executing brokers on the CBOE. In the first three quarters of 2019, XFA’s CBOE operation executed 157.6 million contracts (41.2%), and in the SPX 108.5 million contracts (54.2%).
- S&P 500 Index Options
- VIX Options and Futures
- S&P 100 Index Options
- Dow Jones Index Options
- CBOE Nasdaq-100 Volatility Index Options
- Nasdaq-100 Index Options
- Russell Index Options
- CBOE Sector Index Options
All equity options products, including:
- Options on DIAMONDS
- Options on iShares
- Powershares QQQ Trust
- SPDR Options
- Options on HOLDRs
Futures and Options on Futures:
XFA has played a major role in the growth of options on futures products and maintains a significant presence in most product lines at the CME Group Exchanges.
- S&P 500 (Pit traded and electronic)
- S&P 100
- Nasdaq 100
- Nikkei 225
- Dow Jones
- U.S. Treasury Futures and Options
- Federal Funds
Foreign Exchange Products
Agency Trade Execution: XFA works to ensure that its clients get the best execution for their transactions through expert market knowledge. We provide one-stop market access to U.S. exchange-traded derivatives as well as cash equities and U.S. Treasuries, and a growing list of global products. Each of the company’s principals spends his working day as he has for years: directing and overseeing trade execution, fielding phone orders, interacting with customers and solving problems.
XFA is registered with the Securities and Exchange Commission as a broker-dealer and maintains memberships with the National Futures Association, the Chicago Board Options Exchange, the International Securities Exchange, the NYSE Arca, the NYSE AMEX and the MIAX.
24-hour Global Futures Execution Desk XFA has a fully staffed 24 hour desk that offers execution around-the-clock on all major U.S. exchanges and a growing number of global marketplaces. Direct Access: XFA provides a direct connection to brokers who are in the middle of the action, providing expert trade execution on large or complex trades. Soon, XFA will give clients the option of choosing from a number of direct electronic market access (DMA) systems for trade execution, as well, providing the best of both worlds of instantaneous market access and expert brokerage.
We are a leading agency broker in benchmark global products, including:
S&P 500 Index Options (SPX)
XFA continues to be one of the leading volume brokers, accounting for approximately 54.2% of all volume in the first three quarters of 2019.
Volatility Index Options (VIX)
XFA has built a strong franchise in this rapidly growing product, with direct lines to five experienced brokers.
Equity and Exchange-Traded Funds (ETFs)
Our Equity and ETF Desk includes senior managers who ran major brokerage operations for some of the world’s largest banks and brokerage firms.
Flex Based Flex execution can create structures to mirror commonly traded OTC products, Point to Point trades, vertical and horizontal put and call spreads, long dated puts and calls, as well as various other strategies with expiration dates going out 15 years.
Futures and FUTURE OPTIONS:
S&P 500 Index Options on Futures
XFA is one of the leading volume producers, with a strong trading pit presence including a top-step broker in the futures options pit.
Fixed Income Products (Eurodollar and Treasury Options on Futures)
XFA has a team of seasoned brokers and support staff in Eurodollars, Treasuries and other interest rate products.
We trade a full line of commodity products, from grains and livestock, to energy, to metals.