Can anyone recommend a good software platform for dynamically quoting and executing multiple option series on multiple unerlying products simultaneously?
Thanks
Thanks
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Options Market-Making Software
- Thread starter Billy Valentine
- Start date
Quote from Billy Valentine:
Can anyone recommend a good software platform for dynamically quoting and executing multiple option series on multiple unerlying products simultaneously?
Thanks
You cannot make a market unless you are a licensed RMM or EMM. Retail traders can only bid or offer on one side of any given market.
I'm exploring the economics of doing just that. One of the first things I want to look at is software and what it costs.
Quote from Billy Valentine:
I'm exploring the economics of doing just that. One of the first things I want to look at is software and what it costs.
https://www.cboe.org/members/generalinfo/rmmmain.aspx
You are looking at about $2,500 a month for Aqtor to push quotes and you need to lease a seat at an exchange, about $5,000 a month. So roughly $7,500 a month in overhead.