SOURCE: WhenTech LLC

WhenTech - The Future of Options

November 16, 2010 12:45 ET

WhenTech Markets® New Release Announced at FIA Expo

NEW YORK, NY--(Marketwire - November 16, 2010) - WhenTech LLC, the premier provider of option pricing and risk management solutions to the commodities futures industry, recently announced the release of the latest version of its core application, WhenTech Markets®, at the Future Industry Association ("FIA") 2010 Futures and Options Expo in Chicago. With a host of new features, WhenTech Markets® Version 6.9 is the company's most robust solution for futures options traders since its inception eight years ago.

In addition to increased efficiency, and a fresh look to the intuitive user interface that has been a hallmark of WhenTech Markets®, version 6.9 introduces some groundbreaking features, including the ability to accept a customer's proprietary custom option pricing models, enhanced risk reports and the ability for Chicago-based floor traders to have trades electronically reported to the clearing systems of the Chicago Mercantile Exchange ("CME") and Chicago Board of Trade ("CBOT"), thereby doing away with paper trade cards.

Dave Wender, Founder and CEO of WhenTech, said, "With the release of our new version, we are excited to deliver to our customers many of the features they have requested, while increasing the speed and accuracy of their trading activities. With new capabilities targeted at our global customer base, including our growing Chicago-based customer segment, consisting of both floor-based and over-the-counter traders, WhenTech Markets® has maintained its leadership position in the industry. NYMEX and COMEX traders have enjoyed our direct connectivity to those exchanges' clearing systems for over a year, and we are proud to be the first software vendor to offer this capability to CME/CBOT floor traders, enabling greater accuracy and efficiency for traders and their clearing firms. WhenTech Markets® 6.9 is just the latest example of our continuing commitment to responding to the needs of our growing and diverse customer base."

WhenTech Markets® is an advanced option pricing and risk management platform, offering sophisticated analytical and pricing tools with a simple-yet-powerful user interface, featuring a patent pending algorithm allowing quick, point-and-click pricing for nearly all options/futures spreads. WhenTech Markets® can be optimized for either the desktop or the trading floor, and supports more than 200 commodities traded on most major exchanges.

About WhenTech
WhenTech LLC 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 CME/CBOT in Chicago and NYMEX in New York. Learn more about WhenTech and take a tour of WhenTech Markets® at www.whentech.com, or visit our blog at http://blog.whentech.com.

Contact Information

  • WhenTech Contact:
    Jeffrey A. Tischler
    Chief Operating Officer
    (312) 488-2498
    (212) 571-0042
    Email Contact