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

NYSE Technologies Taps Hanweck GPU Calculations for Options Analytics Feed

Subscribe to our newsletter

NYSE Technologies is set to roll out its Options Analytics low-latency data feed, which includes implied volatilities and Greeks data for U.S. listed options, as well as quotes on options and underlying assets. The service monitors the entire U.S. OPRA composite NBBO feed and U.S. Level 1 composite feeds for underlying stocks and indices, with volatilities and greeks calculated using GPU technology provided by Hanweck Associates.

Hanweck is a pioneer of using GPUs – Graphics Processing Units – for mathematical calculations. The parallel nature of GPU chips make them very suitable for high throughput, floating point arithmetic. Hanweck uses GPUs for its own VoleraFEED options analytics feed, as well as for powering the International Securities Exchange’s Implied Volatilities and Greeks data feed. The ISE is an investor in Hanweck.

The Options Analytics feed uses a binomial-tree pricing model, accommodating both American and European style options. Data recalculations are triggered for changes in the option price and the underlying asset price, as well as for each trade. Calculations typically take 10 to 20 milliseconds per complete options chain.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Market Data in the Cloud: Fuelling the next generation of data delivery solutions

Date: 6 June 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Moving market data and infrastructure to the cloud has accelerated in recent years as financial firms have acknowledged the benefits of data accessibility, scalability, efficiency and the possibility of reducing sometimes sky-high costs of sourcing and managing the data....

BLOG

The Top 10 Low Latency Data Feed Providers in 2023

Low latency data feeds have become a crucial component of today’s electronic financial markets. Not just for high-frequency trading firms, but across the industry. Buy side and sell side firms rely on fast, accurate market data to make informed decisions in real-time for a wide variety of use cases – from improving trading performance to...

EVENT

Institutional Digital Assets Briefing, New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...