Delta One has announced the launch of its equity finance trading platform, which will be available through the Bloomberg app portal.
Delta One is a peer-to-peer stock lending and balance sheet management platform that uses options to pair participants and gives users pre- and post-trade analytics to help them make informed, real-time decisions at the portfolio level, according to the firm.
The Delta One platform will be available to Bloomberg customers through the in-terminal app portal, which allows users to access a diverse library of financial tools.
Speaking on the announcement, Harris Bock, CEO at Dynamex Trading and co-founder of Delta One says: “We built the platform to empower users to make informed decisions and then help them monitor risk on a portfolio level for the entire life cycle of the trade.”
Brandon Neer, founder of Delta One, adds: “The app provides a wide variety of real time metrics including early exercise modelling, net effective finance rate modelling in early exercise scenarios, optimal strike and expiration selection algorithms, and expected P&L forecasting.
“Trading stock borrow in the multi-trillion dollar options market can be a great source of alpha, but there are some narrow, deep holes that investors can fall into. Our technology helps model those risks and put them in the context of expected P&L. Investing risks can never be fully avoided, but we give our users the proper tools to face them head on.”
