Derivix, a financial services software company providing options pricing, analytics and real-time risk visualization, today announced that it has now integrated with Greenmoor Financial Group (GFG), a Chicago-based introducing brokerage firm.
Derivix and GFG will provide a seamless solution to enable active options traders to successfully navigate the dynamic options marketplace.
Together, Derivix and GFG are able to offer exceptional service and best-in-class risk management tools. Integrating Derivix's options pricing platform with GFG's proprietary technology environment provides traders with the powerful solutions they need to create, analyze and execute complex trading strategies to capitalize on options dynamics, while managing and maximizing market volatility.
"Our relationship with Derivix enables us to provide more comprehensive, high-touch support to active options traders," said Ben Schwartz, co-founder and head of sales and marketing, Greenmoor Financial Group. "With GFG's sophisticated trading environment and Derivix's powerful front-end analytics and risk management platform, customers can quickly deploy best-of-breed solutions and support to capitalize on market moves ahead of the competition."
Derivix's options pricing, analytics and risk visualization solutions give options traders analytic accuracy, speed and flexibility to execute complex trades in real-time. The company's sophisticated technologies are fine-tuned with the latest optimizations, recomputing implied volatilities, theoreticals and Greeks on equity and index options in real-time. With Derivix's powerful solutions, traders have a complete view of their options portfolios within the dynamic market environment.
"The options market is faced with more execution destinations, regulatory requirements and industry initiatives, and now more than ever technology is becoming a key differentiator for traders," said Jonathan Weedon, CEO and co-founder of Derivix. "Static solutions and intraday risk are not viable options anymore, and our joint solution enables traders with the tools they need at their fingertips to stay ahead of the competition and changing market dynamics. The combined services of De of Derivix and GFG will allow traders to focus on trading and managing risk rather than updating platforms due to changes in financial technologies."