SOURCE: WhenTech LLC

WhenTech - The Future of Options

October 16, 2009 11:59 ET

WhenTech Introduces Valuation Service API

NEW YORK, NY--(Marketwire - October 16, 2009) - WhenTech LLC, a premier provider of option pricing and risk management solutions to the commodities futures industry through its WhenTech Markets® application, announced the availability of its new Valuation Service Application Programming Interface ("API"). Valuation Service is being made available to trading platforms, instant messaging providers and other options marketplace service providers who would like to offer to their customers, within their own applications, the ability to view WhenTech valuations and other option analytics.

According to David Wender, Founder and CEO of WhenTech, "We are excited about WhenTech being able to respond to the demand we've had from many institutions and companies who service the options trading community to be able to offer certain WhenTech pricing and risk management features within their own applications. The value this will bring to our current and future mutual customers will no doubt facilitate the speed, efficiency and intelligence of their option trading activities."

The WhenTech Valuation Service is a FIX 4.4 Protocol-based API which allows systems external to WhenTech to request and receive instrument valuations for a WhenTech Markets® user associated with the external system. In addition, Valuation Service will instantaneously resend updated valuations to the external system in response to any changes in option underlying factors so the client always has the most up-to-date information.

WhenTech is a leading provider of technology, software and information services to the commodities industry, including traders, brokers and various exchanges throughout the world. Through its core pricing and risk management software, WhenTech Markets®, the Company is truly defining "The Future of Options®". WhenTech is headquartered in New York City, with on-site customer support offices at NYMEX and, coming later this year, at CME/CBT in Chicago. Learn more about WhenTech and take a tour of WhenTech Markets® at www.whentech.com.

Contact Information

  • Contact:
    Jeffrey A. Tischler
    Chief Operating Officer
    (212) 571-0042
    Email Contact