Strategic Relationship Strengthens Derivix Product Offering by Adding LiquidPoint’s Options Routing and Execution Technologies
Derivix, a financial services software company providing options pricing, analytics and real-time risk visualization, has announced that it will now offer its clients access to ConvergEx’s cutting-edge derivatives execution and routing technologies via LiquidPoint.
Through the agreement, mutual clients will be able to leverage Derivix’s fast and accurate analytics along with LiquidPoint’s enhanced electronic execution platform, which offers advanced tools, order execution and customer support designed to meet the diverse needs of institutional options traders. Traders will benefit from LiquidPoint’s broad liquidity network, increasing their ability to source added depth of market and achieve potential price improvement.
”Options traders require high-performance and best-of-breed solutions to execute complex trading strategies in the constantly evolving and rapidly expanding options market,” said Jonathan Weedon, ceo and co-founder of Derivix. “Our strategic relationship with LiquidPoint allows us to offer clients a new generation of sophisticated electronic options trading tools, market expertise and technological superiority that is driving the industry forward.”
Derivix provides firms with powerful analytic solutions that give a real-time, portfolio-wide view of option positions, risk exposure and trading opportunities. The Derivix application supports traders with a full set of financial tools for complex option simulations across the dynamic market place, with live pricing spread liquidity, Greeks analysis and what-if volatility skew analysis. Combined with broker-neutral execution, Derivix provides customers with the flexibility, support and speed to stay ahead of the competition.
“Working with Derivix enables us to add comprehensive, high-performance analytics tools that give customers the power to evaluate and act on market opportunities as they happen,” said Daniel Rooney, managing director of business development and sales at ConvergEx’s LiquidPoint. “With smooth integration into our sophisticated execution platform, customers have the total solution for today’s dynamic and diverse equity options trading marketplace.”
