Leading Financial Services Firms Utilize Interactive Data’s New Options Volatility Service
21 Junho 2010 - 9:00AM
Business Wire
Interactive Data Corporation (NYSE: IDC), a leading provider of
financial market data, analytics, and related solutions, today
announced that six leading financial services firms have recently
begun using its new Options Volatility ServiceSM. These customers
will provide their clients with data obtained from this service,
which includes a relational database of end-of-day implied
volatilities, options risk parameters and volatility surfaces
across the U.S. options market, to help them assess risks
associated with market volatility.
These new clients include SogoTrade, a leading online broker
that specializes in stocks and options trading, and FT Providers, a
volatility arbitrage proprietary trading firm and developer of risk
management and volatility analysis tools for the equity options
market.
The Options Volatility Service, which leverages Interactive
Data’s extensive options data delivery capabilities, delivers daily
closing implied volatilities for listed options pricing during the
past 12 years on more than 6,600 U.S. companies. It also provides
end-of-day pricing, splits and other corporate actions, along with
U.S. options analytics information, including risk parameters and
sensitivity gauges calculated by Hanweck Associates, LLC.
This service can help a range of clients, including traders,
quantitative specialists, hedge fund managers, risk officers, and
software application and risk management vendors, more effectively
assess risk. It can also help them to create consistent risk
reports across varied positions, analyze specific positions more
thoroughly, conduct research such as back-testing of trading
strategies, and price their variable annuities.
“Interactive Data’s Options Volatility Service has helped our
firm to obtain key historical information we can use to generate
custom metrics used in trade identification, back-test relative
value volatility arbitrage strategies and feed into our front end
software applications to help our clients make informed trading
decisions,” said Michael Izhaky, president of FT Providers. “In
addition, we are already underway with plans to expand our
utilization of this service for incorporation into risk management
tools and software that we’re developing for options
investors.”
“Our Options Volatility Service combines sophisticated analytics
capabilities and extensive pricing and reference data, including
corporate actions, for millions of options contracts,” said Robin
Simpson, managing director of Reference Data for Interactive Data.
“Accordingly, we have continued to broaden our offerings to meet
the middle and front office needs of our clients globally who need
services that can help them assess risk exposure and make informed
decisions.”
The Options Volatility Service supports a wide range of database
environments such as Microsoft SQL Server®, Oracle® and MySQL®.
Clients can also access the database with their own research tools
and connect to proprietary applications. The service is designed to
support access to millions of data points for implied volatilities
and risk measures, and is offered by Interactive Data’s Pricing and
Reference Data business. For more information, please visit the
Products & Services section of www.interactivedata.com.
About Interactive Data Corporation
Interactive Data Corporation (NYSE: IDC) is a trusted leader in
financial information. Thousands of financial institutions and
active traders, as well as hundreds of software and service
providers, subscribe to our fixed income evaluations, reference
data, real-time market data, trading infrastructure services, fixed
income analytics, desktop solutions and web-based solutions.
Interactive Data’s offerings can help clients around the world with
mission-critical functions, including portfolio valuation,
regulatory compliance, risk management, electronic trading and
wealth management. Interactive Data is headquartered in Bedford,
Massachusetts and has more than 2,400 employees in offices
worldwide. Pearson plc (NYSE: PSO; LSE: PSON), an international
media company, is Interactive Data’s majority stockholder.
Pricing, evaluations and reference data are provided in the U.S.
through Interactive Data Pricing and Reference Data, Inc. and
internationally through Interactive Data (Europe) Ltd. and
Interactive Data (Australia) Pty Ltd.
For more information, please visit www.interactivedata.com.
Interactive Data (NYSE:IDC)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Interactive Data (NYSE:IDC)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
