Trying to make change: Market makers and the evolving options market
"One consequence of all the changes swirling through the options market is clear. As trading velocities continue to exhibit exponential growth, the ability to manage the complexity of trading, data requirements and risk parameters will be beyond mere mortals. Powerful systems that can manage the complexity of the evolving marketplace will be a necessity, and the most successful firms will invest considerable resources in technologies that can provide them with the edge to beat out the competition."
Andy Nybo, Principal, Head of Derivatives, TABB Group