Egar Technology launches web tool for equity options trading

The tool aids volatility dispersion trading, a hedged strategy designed to take advantage of relative value differences in implied volatilities between an index and a basket of component stocks.

It provides several statistical measures of the stock components of an index, such as equivalent index volatility and contribution to index volatility, along with measures on the index itself. This helps dispersion traders pick the components of their portfolio as well as time trades better.

“The new tool has the same applications as Egar Dispersion, but the web technology eliminates the technical issues associated with stand-alone systems, such as installation, data feeds and firewalls,” Michael Aiken, senior vice-president at Egar, told RiskNews.

Six new clients - Nomura International, Commerzbank, Equitec Proprietary Markets, Bear Wagner Specialists, Tanstaafl and Parallax - have signed up for the tool.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here