You priced a reverse convertible on a name you like. The indicative coupon came back close to where you wanted it, but not quite. So you closed the tab and moved on.
Three weeks later, volatility ticked up. For two trading days, that exact structure would have printed the coupon you were waiting for. Then it drifted back. You never knew.
Every desk has a version of this story. The market is right for your trade more often than you think. The problem is that nobody is watching the one structure you actually care about at the one moment it lines up.
Starting today, you don't have to watch. LevineX does it for you.
What is a price alert on LevineX?
A price alert is a standing instruction to monitor one specific structured product for you. You price a structure, set the level you're waiting for, and arm the alert. From then on, LevineX quietly re-prices that exact structure across the issuers you work with every trading day; and notifies you the moment the best available quote crosses your level. No re-pricing by hand. No checking in. It watches so you don't have to.
How it works — three steps
- Price a structure like you always do. Autocallable, barrier reverse convertible, capital-protected note, whatever you're working on in the pricer.
- Arm a price alert. Click Arm price alert, set your threshold — the coupon, participation or level you're waiting for — and you're done. The structure is saved exactly as priced.
- Get the ping. Every trading day, LevineX re-prices your structure across your issuers. The day the best quote crosses your line, you get a notification in the app and an email — with a direct link to send it to trading.
That's it. Arm it once and forget it. When the market comes to you, you'll be the first to know.
Like a price alert on a stock — but for the whole structure
Everyone knows the stock price alert: pick a ticker, set a target, get pinged when it's hit. It's one of the most-used features in every brokerage app for a reason: it turns "I'll keep an eye on it" into something you never have to think about again.
We took that same, familiar idea and pointed it at something far more valuable and far harder to watch: a complete structured product, with all its moving parts — underlying, barrier, maturity, coupon — priced live by real issuers.
A stock has one number. Your autocallable has a dozen inputs and a different answer from every bank on every day. That's exactly why watching it by hand is hopeless and exactly why letting the platform watch it makes so much sense.
Why this matters
- Set it and forget it. Arm the alert once. It runs for 90 days. No spreadsheets, no reminders, no re-pricing the same structure every morning to see if today is the day.
- Your issuers compete, every day. Each alert is re-priced across all the issuers you work with, not just one. You're not waiting on a single desk's quote; you're waiting for the best of the market to reach your level.
- No false alarms. LevineX only triggers when several issuers agree the level is real. One odd quote from one bank won't set it off: we cross-check across issuers and filter out the outliers, so a ping means something.
- It won't nag you. Once an alert fires, it goes quiet for a week before it can trigger again. You get the signal, not the noise.
- See the whole story. Every alert keeps a running chart of what each issuer quoted, day by day, with your level drawn right across it. You can see exactly how close the market has been getting, not just the moment it finally arrived.
- Impatient? Check on demand. Don't want to wait for tomorrow's run? Hit Check now and LevineX re-prices your structure across your issuers on the spot.
We don't move the market — we watch it for you
Let's be straight about what this is. LevineX doesn't invent a price, and we don't promise the market will ever reach your level. Issuers price; the market does what it does.
What we do is remove the one thing standing between you and a good entry: attention. We keep pricing the structure you care about, across the banks you care about, every single trading day — and we tell you the instant it lines up. The trade is still yours to make. We just make sure you never miss the window.
Frequently asked questions
How often is my structure re-priced?
Once every trading day. LevineX re-prices each armed structure across your issuers on the weekday pricing run and checks it against your level.
What can I set an alert on?
Any structure you can price on LevineX. You set your threshold on the value you're solving for — the coupon, the participation, the strike — and LevineX derives which direction counts as "hit" automatically.
Who gets notified when it triggers?
You do — in the app and by email — along with anyone acting as your deputy, so nothing falls through the cracks when you're out of the office.
Will I get spammed?
No. An alert only fires when multiple issuers confirm the level, and it stays quiet for a week after each trigger. You get the signal, not a stream of noise.
How many alerts can I run at once?
Several. Arm one on every structure you're keeping an eye on. If you reach your limit, disarm one you no longer need and arm a new one.
Arm your first alert today
Price alerts are live now for all LevineX users. Open the pricer, price a structure, and look for Arm price alert. Your active alerts live under Price Alerts, each with its own live history chart.
Set your level, and let the market come to you.
Have feedback or a structure type you'd like alerts to cover next? Reach out! We'd love to hear from you.