Rival Preps Pricing Calculator for Market Making, Hedging
The calculator will deliver more accurate price predictions, enabling users to quote and hedge more effectively.
Rival plans to release the new capability during the second quarter of this year, though the vendor has not yet set a firm release date, says chief executive Robert D'Arco.
"A lot of our users are options traders and market makers, and one of the most important aspects of being able to quote is having accurate calculations for the underlying price," D'Arco says. "Our research shows that not only does this deliver more accurate predictions [of how a price will move], but it can also deliver those
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