About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Goldman Sachs Selects Derivix for Real-time Options Pricing and Analytics

Subscribe to our newsletter

Goldman Sachs has selected Derivix as the exclusive provider for advanced real-time options pricing and analytics within its Goldman Sachs Electronic Trading (GSET) Signature Programme. According to the vendor, the selection was driven by client demand for fast, accurate and efficient analytics.

As a signature partner in the programme, Derivix’s options pricing, analytics and risk visualisation capabilities have been integrated into the GSET REDIPlus multi-broker execution management platform. The vendor claims that this allows REDIPlus clients to benefit from Derivix’s analytics front end, while Derivix clients benefit from GSET’s advanced options algorithmic offerings and the breadth of the REDIPlus platform.

Using the joint solution, clients can access GSET’s options algorithms from within the Derivix trade ticket that features real-time risk visualisation directly built in, says the vendor. Traders can run real-time simulations and pre-trade analyses leveraging the Derivix’s proprietary ‘volatility time’ options pricing model and then route orders to GSET.

Derivix’s rationale behind its solution is that real-time analytics and execution will enable traders to keep pace with the speed of change in the market. Michael Barrett Stern, co-founder and chief strategy officer of Derivix, explains: “Without modern, high performance solutions, options traders would be challenged to fully capitalise on the market volatility and tremendous change we are witnessing in the options industry today. To address these needs, Derivix provides options traders with the speed, analytic accuracy and flexibility they need to visualise and execute winning trades ahead of their competition.”

Kevin McPartland, senior analyst at Tabb Group, highlights the predicted increase over the next few years: “The snowball effect of electronic options trading is just beginning. Based on our conversations with leading options market participants, by 2010 two thirds of all buy side options trading will be conducted electronically.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data standards and global identifiers update

Data standards and global identifiers are the international language of capital markets – but how widely have they been adopted, how useful are they in practice, and can they stand the test of sustaining stable markets? This webinar will review data standards and global identifiers available in capital markets, discuss their adoption, and consider best...

BLOG

Depicting Crypto’s Data Dilemma Before the Next Winter Cold Bites

By Berta Ares Lombán, Head of Digital Assets Financial Information at SIX. The crypto winter, when a basket of leading cryptocurrencies lost around $1.9 trillion in value, put a much-needed spotlight on the long-term future of digital assets. While this is not the first time cryptocurrencies have seen significant adjustments to their valuations, the fallout...

EVENT

RegTech Summit New York

Now in its 6th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...