CBOE - Powered by BIDS

Sell-Side Tools

Cboe BIDS Canada allows sell-side algos to maintain control over their Conditional Orders via their existing FIX integration with MATCHNow.Brokers also have the option of being represented in Cboe BIDS Canada and the MATCHNow Midpoint book, using MATCHNow’s ‘Willing To Trade’ feature. If you are a buy-side sponsor, the BIDS Admin Tool will be available to all brokers to control all aspects of risk management, trade monitoring, and other useful features.No information about Conditional orders is exposed unless there is a bona fide opportunity to trade.Minimum size requirements based on the UMIR 6.6 Rule.