SuperDerivatives, a software house set up in 1999 by former derivatives dealers, has added new funtionality to its Internet-delivered currency options pricing system, in an effort to improve the speed with which it calculates prices.
The new features include an additional window that allows users to price more than one option at the same time and a function that allows the pricing of calendar spreads, either at the same or different strike prices - a useful feature for vanilla option traders.
SuperDerivatives has also upgraded the ‘solvers’ on the site, which allow users to more easily construct zero-cost and similar strategies.
David Gershon, chief executive of SuperDerivatives, says: “The system is now working in a way which few people could have envisaged even a year ago. It is so fast that users often forget they are using an Internet-delivered pricing tool. Because SuperDerivatives has a real-time data feed, users do not have to refresh pages when they move from pricing one type of option to another.”