The TT Uncovered application seeks enhanced pricing and liquidity in CME options and options strategies by implying prices from a range of delta neutral Covered User Defined Spreads (UDS), and looking for opportunities where trading the Covered UDS and subsequently trading away the covering futures allocation offers competitive liquidity to the direct quote. The application displays a synthetic Best Bid/Offer (BBO) based on the UDS markets and allows the user to efficiently act on pricing opportunities within the direct option BBO.
TT Uncovered consists of three windows:
Prior to using TT Uncovered, administrators and users must complete the tasks listed in the Enabling User Access section.
TT logs messages for your application and stores them in the '\Users\ <user>\Documents\TradingTechnologies\Logs\TTUncovered\' directory. These logs will need to be provided to TT in the event that assistance is required to troubleshoot any issues that you may encounter. There is also a link in the bottom right corner of the main window that will open an instance of Windows Explorer in this logs directory.
TT provides the latest version of the TT Uncovered application via this page. Simply use the link below to download the latest executable file for TT Uncovered.
It is important to stay current on all of the latest changes that TT makes to the TT Uncovered application. You can subscribe for automated email notifications when new versions of this application are released by clicking the ‘Subscribe’ button on the TT Release Notes web page.
To download and install the TT Uncovered: