Hi I was wondering what everyones experience of options trader software is. Do you need three platforms to support it? Thanks
I haven't tried PATS yet but for my options and futures portfolio i am testing a new site called RiskBox. it's got a really useful gui for managing my portfolio on Liffe and Euronext options. It covers US exchanges as well so it's worth a look while it's still on free trial! You can sign up at http://www.riskbox.com and have a play with it! I found it really useful so far, it just doesn't include execution yet Out of all the things on the net, I haven't seen anything which is as integrated with as many functionalities: VaR, stess testing and more on my portfolio in real-time. I have a friend who is just using it for his spot FOREX and running P&L on that as well! Duncan London, UK
Thanks, Ive had a play on J-Trader and it seems pretty good and easy to use although its too easy to sell or buy shares more times than you want.
RiskBox doesn't allow you to sell, I still have to use my broker for that. I think in a way that is good to separate your portfolio/risk management from your broker/execution system so you don't accidently trade! With RB I can put in pretend trades in my portfolio and see how my p&l would shift, etc and then if I like what they do I can always make the trade! That way I don't lose out by buying/selling when I don't want to! Duncan