Derivix Strikes Strategic Alliance with ConvergEx's LiquidPoint

Options analytics provider will offer institutions access to LiquidPoint's derivatives execution and routing technologies.

Derivix is now offering its clients access to ConvergEx’s derivatives execution and routing technologies via LiquidPoint, according to today’s announcement.

Through the strategic relationship, mutual clients can access Derivix’s options pricing, 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, according to the release.

“Options traders require high-performance and best-of-breed solutions to execute complex trading strategies in the constantly evolving and rapidly expanding options market,” stated 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 a real-time, portfolio-wide view of option positions, risk exposure and trading opportunities. It supports complex option simulations across the marketplace with live pricing spread liquidity, Greeks analysis and what-if volatility skew analysis.

“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,” stated Daniel Rooney, managing director of business development and sales at ConvergEx’s Liquidpoint.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio