ISE adds options analytics to front-end system

The International Securities Exchange (ISE), a US-based equity options exchange, has added real-time options analytics to PrecISE Trade, its front-end trading system.
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The International Securities Exchange (ISE), a US-based equity options exchange, has added real-time options analytics to PrecISE Trade, its front-end trading system.

PrecISE now incorporates real-time ‘Greeks’ – variables that provide pricing information by quantifying different risk components of an option, so called because they are represented by letters of the Greek alphabet.

Options Greeks, which include delta and gamma, gauge factors that can affect an option’s price, including changes in option price relative to shifts in the underlying security’s price, changes in volatility and changes in interest rates.

“The introduction of Greeks in PrecISE will enhance our users’ trading experience by providing access to vital analytical information previously available only through third party applications,” said Boris Ilyevsky, Managing Director of ISE’s options exchange.

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