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CBOE Hybrid®, The Hybrid Trading System
Independent Software Vendors

MM Squared offers the most cogent trading solutions in the Option industry. Eliminate the cost of developing and implementing a computer network execution system, reduce the time-to-market, to develop user-friendly applications for professional options traders.

MM Squared enables you to develop your own proprietary GUI, utilizing their comprehensive API, which supports CMS and FIX 4.x protocols. Or choose to use one of several intuitive front end trading solutions offered by MM Squared. Choices range from a single order entry screen, to an Options Montage that allows you to view and trade the NBBO on all of the option series for a selected underlying issue, (view over 15 underlying symbols at one time)!

Whichever front end you choose, MM Squared gives the professional options trader, the ease of point-and-click trading while retaining complete control to route your order to the exchange of their choice. MM Squared supports a number of back office vendors, and will provide dynamic or batch trade drops and blotters.

MM Squared software is partnered with Investec Ernst & Company, to offer you full service brokerage and execution, on all of the U.S. Option exchanges, including the ISE. With over 29 years experience in the execution of Options, Investec Ernst & Company has experienced staff on the trade floors of the AMEX, CBOE, PHLX and PCX. Investec Ernst & Company does not make markets in any listed or over-the-counter securities, so they can assure you of complete professional neutrality in the routing and execution of your Option orders.

As a global leader in providing clearance and settlement services to the financial community since 1924, Investec Ernst & Company has emerged as a premier full service financial institution. Whether you're running your own brokerage firm, financial institution, or perhaps establishing a start-up online trading firm, you must rely on superior service and support from your clearing firm. For the past 75 years, Investec Ernst & Company has provided clearing, settlement, and execution services to financial institutions worldwide. Our innovative technology is designed to assist firms to meet the challenges of the ever-changing competitive financial industry. Our experienced professional staff provides dedication and support. MM2
190 South LaSalle Street
Suite 850
Chicago, IL 60603
312 377 3909 bernie@mmsquared.com

Additional Product Information
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Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.