EGAR is the first company to provide a complete solution that addresses the changing needs of market makers as they move upstairs to an electronic trading environment, which requires more sophisticated systems for risk analysis and reporting. The ETS solution for market makers will enable them to lower costs, make better markets, and improve trading decisions while managing risk more efficiently.
Unique to EGAR is its revolutionary pricing strategy. EGAR is the only financial technology firm to offer a system as robust as ETS on either a subscription or license basis. The subscription option allows customers to reduce the costs of purchasing, owning and operating such sophisticated systems, making it more accessible to market makers of all sizes.
The newly released ETS includes many features important to the market maker that are not available in current systems. A full theoretical value engine, a sophisticated volatility manager, a correlation-based analyzer for both delta and vega hedging, and âupstairsâ and handheld support are some examples. In addition, the ETS platform provides everything from trade entry and real-time market view screens, to sophisticated risk analysis, to decision support tools, all supported by EGARâs proprietary implied volatility data. As market makers needs expand, ETSâs extendibility, flexibility, and deep functionality allow it to be easily customized to meet evolving requirements.
Ravi Jain, CEO of EGAR Technology, said, "The launch of the new ETS system for market-makers demonstrates EGARâs adaptability to specific markets. Rather than use our existing systems as a single solution for all markets, we use their flexibility and our unparalleled software development resources to provide tailored solutions." He adds, "With the imminent addition of these two large market-makers to EGARâs client list, EGAR is reaffirming its position as one of the most sought-after financial technology firms."
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