vEquities is a comprehensive equity derivatives platform designed to streamline position management, trading, risk assessment, middle-office operations, and compliance for financial institutions. It offers a multi-level position management system that aggregates stocks and options into positions, which are then consolidated at the book level and further combined for overall risk management. The platform provides real-time updates on positions and risk metrics, including greeks, long/short balances, and sector exposures. Additionally, it tracks dividends, interest, commissions, stock splits, spin-offs, and name changes.
Key Features:
- Position Management: Aggregates stocks and options into positions, consolidates at book and overall levels, and updates risk metrics in real-time.
- Risk Management: Monitors gross and net exposure by sector, net beta, and allows setting limits by stock, sector, or overall leverage. Supports multiple volatility assumptions and real-time computation of option greeks.
- Trading: Connects to prime brokers via FIX protocol, displays real-time signals, offers a point-and-click interface, supports single or portfolio orders, and enables auto-execution.
- Middle Office: Provides real-time signal displays, point-and-click interface, and multi-user support.
- Black-Box Integration: Displays real-time signals through TCP/IP socket and database interfaces, executes trades at signal prices in parallel paper portfolios, and tracks realized slippage for analysis.
- Regulatory Filings: Generates 13-F and other reports easily from the SQL database.
The primary value of vEquities lies in its ability to enhance operational efficiency and risk control for equity derivatives trading. By integrating real-time data processing with comprehensive risk management tools, it enables users to make informed decisions swiftly, ensuring compliance and optimizing trading strategies.