SAN FRANCISCO--(BUSINESS WIRE)--Livevol, a derivatives financial technology firm recognized for their expertise in the equity options marketplace, released today LV-Argus, its hosted market surveillance and market-monitoring solution. Focused specifically on the listed equity options market, LV-Argus delivers a real-time historical database solution that offers the unparalleled capability of querying market information with the ability to set up specific and individualized alerts. This powerful database underpins Livevol’s flagship options analytics platform, Livevol Pro, which is widely adopted in the compliance and regulatory space.
New options exchanges, new products, new order types, multiple complex order books, increased quote traffic, overall market complexity and new customer safeguards have created an enormous challenge for compliance and regulatory officials. Industry dynamics have forced significant changes in the way that regulators and compliance staff survey the options industry for suspicious activity and LV-Argus provides a compelling solution to these needs.
“Regulatory, compliance and exchange personnel require specific market information, and they need it quickly. LV-Argus meets that need and does so in a dedicated environment for maximum security of highly sensitive trading data,” said Paul Finnegan, Livevol CEO.
LV-Argus allows for the easy scanning of its large trade and quote database to display unusual trading patterns, changes in open interest, locked and crossed markets, obvious error trades and market sentiment details of order flow. LV-Argus also provides transaction cost analysis, implied volatilities, option Greeks, and price information in discrete time frames surrounding every option trade in the entire listed options market. Users now have snapshot capability of the market before the trade as well as at-execution and post-execution, enabling them to assess the market impact of any trade.
This functionality is key in the obvious error monitoring that Livevol provides for certain exchanges. Other LV-Argus tools can help banks and institutional desks ascertain front-running and truer measures of execution quality than standard metrics.
For more information on LV-Argus, please visit: http://www.livevol.com/argus or to test drive Livevol Pro please visit: http://www.livevol.com/options-trading-analysis-software.
About Livevol: @Livevol_Pro
Livevol is the definitive source for options analytics, intelligence and technology. Livevol offers a spectrum of technology and data solutions including a consolidated feed, real-time programmatic analysis and scanning, historical files and back testing, real-time decision support, flat files, XML web services, web components, custom development and consulting. Powering the professional trading community with cutting edge tools, data, custom analytics and execution software, Livevol is the singular solution for options industry.
Headquartered in San Francisco, Livevol has offices in Chicago and New York, and offers direct market access to options and equities traders through a separate but affiliated broker-dealer, Livevol Securities, Inc., Member FINRA/ SIPC. Additional information about Livevol and its products and services can be found at http://www.livevol.com.