Convergex,anagency-basedglobalbrokerageandtradingrelatedservicesprovider,ispleasedtoannouncethatithasenteredintoanagreementgrantingitanexclusive licensetoTheOptionEyes,afront-endtechnologyplatformthathelpsactivetradersmanageandtrade positionsinanoptionsorequityportfolio.
TheOptionEyesusesenhancedOMStechnologyandprovidesclientswithflexibilityinhowtheytrade, view,andmanageriskintheirequityandoptionsportfolios.AdditionalfunctionalityofTheOptionEyes platformincludes: ?
Scannerstoallowtraderstopre-setorcreatestrategiesthatwilltradeautomaticallyorsendan alertwhenopportunitiesappearinthemarketplace;
Simpleclick-throughworkflowprocessforgeneratingcomplexandsingle-legorders; ?
Anenhancedvolatilitymanagementinfrastructure.
Convergexisexcitedtoofferanewsetoffunctionalityandtechnologytoourclients,saidBen Londergan,ConvergexExecutiveManagingDirectorofOptionsTradingandTechnology.Thisnew softwarewillallowConvergextoaddvaluetobothactiveretailandinstitutionalclientsaswellasother marketparticipantsresponsibleformanaginglargeportfoliosofpositionsandwhowanttoemploya morestreamlinedapproachtotheirtradingandriskmanagement,saidLondergan.
MembersofthedevelopmentteamwhocreatedTheOptionEyeswilljoinConvergexsoptionsteamand ConvergexanticipatestheplatformwillbefullyintegratedbyJanuary2017.
