Sungard Readies MicroHedge Release

"In the past, MicroHedge offered day-to-day decay-we took off a certain amount of time or value at the end of the day," explains Peter Hauser, president, Brass MicroHedge, Trading, SunGard. "Now, users can see minute-by-minute or hour-by-hour how much time value is being lost in the option," he adds.

The newest version of the platform should be available on the vendor's Web site within the next week or so and then shipped to existing clients, according to officials.

Other features in the release

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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