Listed Options
Exchange traded options, also known as listed options, are standardized instruments that are traded on regulated exchanges such as the Chicago Board Options Exchange (CBOE). Contract sizes, underlying assets and expiration dates are uniform. The transferability of these contracts facilitates secondary market trading.
Clients trade listed single stock and index options through Bear Stearns in order to leverage the firm's trade ideas, execution and market making. Bear Stearns actively makes two-way markets and trades an average of two million contracts per month. Our traders have an average of 10 years' of trading experience.
Exchange Traded Funds
An ETF is an open-ended investment fund or trust that holds portfolios of securities, and is designed to track certain indices or baskets of stocks. Unlike a unit trust, ETFs are bought and sold on an exchange, rather than through a fund manager or its distributors. ETFs trade intraday, and are generally at least as liquid as the underlying portfolio.
- Ability to execute on all exchanges, ECNs, third markets or in the futures pits
- Ability to provide product-specific solutions
- Authorized participant to create or redeem ETFs from all issuers
- Basket trading capabilities for most listed ETFs
- Trading coverage on more than 100 ETFs worldwide, with generally tighter spreads and larger sizes as compared to floor brokers