KaiTrade supports multi-leg products

KaiTrade now lets you create and trade your own multi-leg products. This is great news for people wanting to trade:

• Inter-commodity spreads, for example, crush spread (soybean oil vs. soybean meal)
• Stock Index futures
• TED, notes over bonds spreads
• Yield curve arbitrage
• Crack spreads, for example, the 3:2:1 ratio trading oil, gasoline and distillate according to this ratio
• Butterfiles and condors
• Basis trades

Essentially, we have provided an easy tool that lets you create a product within KaiTrade and then add existing products to it. You can specify the quantity/ratio of each added product and determine how it will trade.

The system can generate the implied price of the product based on the real-time data of the legs. and you can then trade the product from the standard order ticket, the StrategyPad (for example triggered from CQG conditions) and from Excel.

We have a custom pairs trading plugin in test - this levers the multi-leg functions in a convenient way for pairs traders, and will be released in the next month.

You can get more information from our website here and we have a short video demonstrating the new capability here http://www.screencast.com/t/ahyd11HornM