Cboe UK Plans to Launch Cboe LIS Directed Indications of Interest

Fazzaco learned that Cboe UK plans to launch Directed Indications of Interest (IOIs) as an extension of the Cboe LIS block trading platform on July 9, 2021.

The service, which will leverage the existing LIS and BIDS Trader infrastructure, will allow Cboe participants to submit targeted liquidity to their clients through Directed IOIs, for which they are acting as a Designated Broker.

Participants will require a new LIS port to submit Directed IOIs and existing manual users that connect via their OMS/EMS and BIDS Trader should register their interest with their account coverage contact, who will instruct them on how to enable this service. Testing is currently available in the Cboe LIS certification environment.

​Fazzaco recently reported that Trading Technologies​ has provided support for trading of U.S. equity, index and ETF options on the Cboe Options Exchange through the TT platform.