TMX Group Ltd. Tuesday announced the launch of a new analytics feed for options traded on Montreal Exchange Inc. (MX).
TMX Datalinx, the information services division of TMX Group, will make the new feed available to the options trading community through the TMX Atrium global network and other content distributors.
The Canadian implied volatility and Greeks analytics feed is a low latency, real-time market data feed designed to provide clients with the necessary analytics to effectively evaluate potential trading opportunities and assess portfolio risk.
“The new real-time Canadian implied volatility and Greeks feed is a valuable tool for our clients to make efficient and informed trading decisions.” said Claude Cyr, senior vice president of financial markets at Montreal Exchange. “This new TMX Datalinx offering will complement MX’s strong core offering in the Canadian derivatives market.”
Hanweck Associates, who will power the delivery platform, is a leading provider of real-time options analytic feeds that specializes in risk management and trading solutions for institutional investors.
TMX Group’s (TSX:X) key subsidiaries include the Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corp., and Natural Gas Exchange.