Options Market-Making Software

Discussion in 'Options' started by Billy Valentine, Nov 8, 2006.

  1. Can anyone recommend a good software platform for dynamically quoting and executing multiple option series on multiple unerlying products simultaneously?

    Thanks
     
  2. Maverick74

    Maverick74

    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.
     
  3. 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.
     
  4. pjbreen

    pjbreen

  5. Maverick74

    Maverick74

    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.
     
  6. rosy2

    rosy2

    orc software is good