Underlying Offset Controller 2
Like the Initial Underlying Offset Controller, the Underlying Offset Controller 2 allows the user to increase Metro’s functionality with regard to offsets. Users can set up expiry or root future for each option month and easily set the corresponding future month’s offset based on future settlements, implied prices or listed spreads.
What’s new in this this version:
- The implied offset can be calculated and displayed for all option expires in Metro.
- The offsets can be updated automatically as the implied offset changes.
- The first Underlying Offset Controller did not have the ability to manage offset for multiple exchange symbols with a common underlying. This was problematic in regards to weekly, daily, and end-of month futures.
Relevant examples include weekly and monthly gold options (OG, OG1, OG2, etc.) all priced off of Gold (GC) futures and daily S&P index options (E1A, E1C, EW1, E2A, E2C, EW2, etc.) all linked to the E-Mini (ES) future.
Note that this widget is not meant to replace Trade Sheets or Metro Product portfolio settings, but instead extend its functionality.
Related Resources
Capital Markets Operational Agility More Important Than Scale in 2026
New Exegy research shows that the convergence of expansion across asset classes, geographies, and trading hours is costing firms their competitive edge New York, Chicago, London — August 18th, 2026 — New research from Exegy, a leading provider of…
The Infrastructure Tax of Total Market Access
When Everything Everywhere Becomes Unsustainable How Expanding Liquidity Is Reshaping Global Trading Infrastructure As trading expands across frontier markets, digital assets, 24/5 trading, and increasingly fragmented venues, firms face a…
EuroCTP Real-Time Feed Available through Exegy’s Axiom
New York, St. Louis – August 11, 2026 EuroCTP’s real-time multicast FIX SBE feed, the EU’s first real-time pre- and post-trade Consolidated Tape for shares and ETFs, will be available through the Exegy Ticker Plant (XTP) appliances and Axiom consolidated market data feed when EuroCTP goes…