Features By Edition
| Key Features | Enterprise | Pro | Broker | Lite | Clerk / Risk Mgr |
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Options ValuationSophisticated options pricing models and volatility curve management with ability to price and manage everything from basic options to exotics such as options on spreads, average price options and swaptions. |
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Option Pricing Sheets [1]Highly customizable option pricing sheet layouts with the ability to quickly price spreads and strips right from the options pricing sheet using our patent pending process. |
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Risk ManagementReal-time updates of all positions and risks right on the pricing sheets. Numerous detailed risk reports available on demand with ability to run different scenarios based on changes to volatility, futures prices, time to expiration and more. |
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Live Markets PricingCombines real-time options market quotes by strike along with corresponding theoreticals, highlighting market opportunities. |
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Execution Capability[2]Initiate and manage electronic options and futures trades, right fromWhenTech Markets®, utilizing our integration with long-establishedthird-party trading platforms. |
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Real-Time Market Data[3]View real-time futures prices and have futures spreads, options theoretical prices and risks update automatically with changes in futures prices. |
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Clearing Integration[4]Electronically submit your floor-executed trades directly to Exchange Clearing. |
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Order Fill Service[5]Automatic updates of trades and risks, directly provided by Exchanges in real-time, for electronically executed futures and options. |
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Valuation Service[6]WhenTech Markets® generated theoretical valuations and Greeks can be viewed live on industry leading Instant Messaging and OTC Trading platforms.
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Real-Time Export to ExcelFutures prices and position deltas can be exported live to a linked Excel spreadsheet via Microsoft® RealTimeData (RTD) technology. |
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Custom ModelsIn addition to valuations based on a wide variety of established industry models, selectable by customer preference, there is the capabability of accepting customers' proprietary models on a completely confidential and secure basis. |
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Web Services APIBack-office integration is available via our web-service APIs.
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Free Clerk or Risk Manager License[7]One free Clerk or Risk Manager license is included free with Enterprise and Pro editions. Screen Clerk (view only) licenses can be added at no charge on request. |
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[1] Option pricing sheet updates are not done in real-time in the Clerk/Risk Manager Version; however, risks and profit/loss calculations will calculate in real-time.
[2] Execution functionality requires clearing firm setup and authorization; any charges will be billed by your firm.
[3] WhenTech makes available to users, through an association with eSignal (a wholly-owned subsidiary of Interactive Data Corporation), a real-time market data feed which integrates with WhenTech Markets®. Market data customers execute an agreement with eSignal, and Exchange Fees are billed by WhenTech the prevailing rates charged by each Exchange, as selected by the customer. Billing periods correspond to standard Whentech billing periods.
[4] Clearing integration is currently available on select Exchanges.
[5] Order Fill Service is currently available on select Exchanges and requires permission from your Clearing Firm.
[6] Valuation Service is available through select third-party providers.
[7] Included Clerk or Risk Manager license must be associated with the Enterprise or Pro licensee's account, and at a minimum will have rights to view trades, positions and option parameters of the associated account.
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