Tervela Launches Options 'Package'

The vendor is trying to address the "insane" volume growth in the options markets, which Tervela co-founder and chief technology officer Barry Thompson says will be exacerbated by the current short-selling ban, which will force trading firms to use the futures and options markets more for hedging.

The options-tailored version of the network comprises five elements-Tervela's TMX message switches and TPM provisioning and management system, pre-configured inbound Opra connectivity, pre-configure

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