Under the terms of the deal, Firm58 will manage the online billing services for CBOE’s recently-launched C2 Options Exchange (C2), an electronic exchange product. As a result, C2 market participants will be able to access daily trade as well as billing details via a specifically-designed online client portal.
Firm58 offers web-based services to manage fees, commissions and payouts including billing and soft dollar program management. The company also manages the billing function for various global exchanges, including NYSE, CBOE Stock Exchange (CBSX) as well as ELX.
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