Does anyone know anything about the following company and their products? Is it very popular with the Nymex traders? http://www.optionable.com/news.php
Im not talking about the stock, Im talking about the actual system that they sell in regards to the NYMEX. 4 hedge funds have adopted it into their trading. . .
thehangingman they have crude options on a screen-but just for institutions as i understand. let me know if somebody adapts for individuals; i don't know why ib could'nt work a deal with them for such. to me vanilla crude puts/calls are the last vestage of the stone age in that they are still in the pit.
NYMEX is moving Crude and Nat Gas options to the screen sometime first quarter. When they do that, everyone will have access to them.
nymex is buying into optionable- electronic puts/calls on crude for the individual trader must be close. check it out. http://www.nymex.com/press_releas.aspx?id=pr20070122c