ISE introduces ISE Implied Volatility and Greeks FeedTM

ISE introduces ISE Implied Volatility and Greeks FeedTM

25/10/2011

The International Securities Exchange (ISE) has introduced the ISE Implied Volatility and Greeks FeedTM, a joint offering from ISE and Hanweck Associates. Powered by Hanweck Associates' high-performance VoleraTM engine, this feed provides real-time, low-latency, tick-level options analytics for all equity, index and ETF options traded on the nine U.S. options exchanges.

ISE offers the ISE Implied Volatility and Greeks Feed through an intuitive data feed format that allows the seamless integration of the data feed into trading and risk-management applications. The Volera engine uses state-of-the-art hardware acceleration to calculate options' implied volatilities and risk parameters in real time. These analytics are distributed by ISE in a streaming, multicast feed.

"As an exchange operating within the options space for over a decade, ISE already possesses a unique capacity for managing large amounts of data and ultra-high message rates," said Jeff Soule, Head of ISE Market Data. "With the ISE Implied Volatility and Greeks Feed, subscribers can effectively access critical data to carry out their trading and risk management strategies without having to manage the infrastructure and computational burden required to process such a large dataset."

"Accurate, real-time risk management is paramount in today's volatile markets," noted Gerald Hanweck, CEO of Hanweck Associates.  "Since 2007, Hanweck Associates has been generating advanced, real-time options analytics for sophisticated options professionals - under some very demanding market conditions.  The ISE Implied Volatility and Greeks Feed is a leap forward in delivering high-quality, real-time risk analytics directly to market participants as an exchange datafeed."

To learn more about the ISE Implied Volatility and Greeks Feed, visit www.ise.com/greeksfeed.