Recent content by pkwumo

Absolutely And the situation is very unlikely to change. HKEx is a quasi-government organisation, managed like a very typical civil service department, with no commercial outlook whatsover. Their AMS platform for tradng stock is the worst-performing platform in Asia, the latency and...

Yes, I'll second that reply. Loose coupling and tight cohesion are the hallmarks of robust software design. In the context of trading systems, this requires you to have a decent middleware component to allow loosly coupled trading server processes to be able to publish/subscribe messages...

Hi I wouldn't rely any of the vendor implied vol calculations, since it's so essential to option trading. You can easily program your own solver or even use the solver in Excel (though as a last resort as its incredibly slow). I trade options to trade volatility not direction, so I always...

The attached link is a useful starting point to get acquainted with the fundamentals of option volatility modelling http://www.ivolatility.com/help/iv_education.html Cheers

I think you've touched on the holy grail of option trading, which volatility should I use when pricing an option ... In a nutshell, I personally believe all option traders need to develop their own volatilty model in order to be successful. I wouldn't price options using actual historical...