Using Monte Carlo simulation, the new enhancement offers clients an efficient, all-in-one risk management tool
CHICAGO (Apr. 17, 2018) – Rival Systems (Rival), an award-winning provider of trading and risk management software, today announced the availability of Value-at-Risk (VaR) within its Rival Risk platform. By enabling users to calculate VaR, Rival adds yet another enhancement to its long list of risk features, creating one of the most comprehensive, all-in-one tools in the risk management space.
We all know the market is full of volatile ups and downs, with bouts of violent waves, periods of eerie calm and the occasional unexpected swell that can catch even the most established firms by surprise. These shifts can occur with little to no warning, but that doesn’t mean risk managers can’t prepare for them. Like surfers invest in reliable surfboards to ensure they can ride any waves that come their way, trading firms need a sophisticated risk management tool that can help them weather market volatility. With the right resources, risk managers can conquer the most tumultuous surges, and come out on top when others go under.
Firm Establishes Readiness Well Ahead of Feb. 25 Migration to Ensure Seamless Transition for Users
CHICAGO, Jan. 23, 2018 – Rival Systems (Rival), an award-winning provider of trading and risk management software, today announced that the firm has already established readiness for the Feb. 25 planned migration of Cboe Futures Exchange (CFE) onto the Bats technology platform. Rival has completed testing and received certification by the exchange for the integration of market data and order entry technology, promoting a seamless transition for clients participating in markets affected by the change.
Options market makers are now getting the ability to design and run their own custom or “bespoke” algorithms.
The old adage, “if you build it, they will come” comes to mind. But as CEO Robert D’Arco of Rival Systems sees it, if the market makers and other build it themselves then they’ll absolutely come and use it.
It's critical for options market makers to be able to automatically respond to RFQs on spreads that come in throughout the day. Automatically responding to RFQs will give you better queue positions, allow you to participate in more trades, and improve your overall market maker rankings. To learn more about Rival Trader's Spread RFQ Rules Engine and our other smart features, request a demo.
Chicago-based technology firm Rival Systems has set its sights on expanding into the Asian market, the firm’s chief executive officer has told FOW. “We’re focussing on adding new functionality and connectivity for our clients, but we’re also working on expanding into the Asian market, and just had a client go live in Hong Kong,” Robert D’Arco, chief executive officer of Rival Systems told FOW.
D’Arco’s comments came as the firm rolled out new options algorithm design functionality on its Rival Trader platform on Wednesday.
New Tool Dramatically Improves Control, Flexibility and Efficiency for Advanced Options Strategies
CHICAGO, Dec. 13, 2017 – Rival Systems (Rival), an award-winning provider of trading and risk management software, announced the roll-out this week of new options algorithm design functionality in its Rival Trader platform. The new functionality allows traders to easily design, test and execute options algorithms for futures and equity options with global market data and execution capabilities.
The upstart has done it again. For the second straight year, Rival Systems has claimed the prize for having the best commodities trading platform for the buy side. Launched in 2015, the company has quickly won over converts thanks to its derivatives trading front-end, Rival Trader, which is paired with its Rival API, a low-latency C++ development platform, replete with in-process market data feed handlers and execution gateways. And if there’s one word that you can attach to Rival’s complete offering to explain its success, it is automation.
In the current technology ecosystem, APIs have come to hold a critically important role and the future promises an even greater status for them going forward. But why are APIs so important, what are some of the ways trading firms utilize an API to support their operations, and what should you look for when evaluating an API?
Rival Trader allows you to create and select preset edge multiplier scenarios to quickly widen or tighten your markets across all options. To learn more about Rival Trader's Edge Multiplier Scenarios and other smart features, request a demo.
Buy-Side TechnologyBestows Honor for Rival Trader / Rival API
CHICAGO / LONDON, Nov. 6, 2017 – For the second consecutive year, Rival Systems (Rival), a leading provider of trading and risk management software, has won Buy-Side Technology’s award for “Best Buy-Side Commodities Trading Platform.” The Waters Technology publication announced the honor for the firm’s Rival Trader and Rival API offerings at its 2017 awards ceremony on Friday in London.
At FIA Expo 2017, John Lothian News spoke with a variety of industry participants about upcoming milestones and trends in financial markets. This fourth video in the FIA Expo series is the second of JLN videos to cover the effects and future of the big data boom. In part two, Rob D’Arco, CEO of Rival Systems, and other industry knowledge experts, discuss the benefits and struggles surrounding big data.
Trading Groups Operator Turns to Rival Trader After Success with Rival Risk
CHICAGO, Oct. 18, 2017 – Rival Systems (Rival), an award-winning provider of trading and risk management software, announced that Gator Trading is leveraging its Rival Trader front-end for the firm’s options trading strategies. Gator, an operator of trading groups specializing primarily in futures and options, migrated last year to the firm’s Rival Risk platform for all of its risk management needs.
