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| Athul Kudva, vice president, Omnesys, said: "NEST XL gives the option trader the power to gauge risk and analyze portfolios. The software calculates the critical parameters on a real time basis. It is the most advanced tool of its kind available to option traders". |
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| In futures and options trading, there are several dimensions to the risks faced by an options trader. The price of a stock option depends on the underlying stock price, its volatility, rate of interest and time to expiry. |
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| In each case the relationship is nonlinear. NEST XL calculates the various critical parameters of the options portfolio at a central server and broadcasts these into a Microsoft Excel spread sheet for easy reference by the trader. |
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| NEST XL has two main approaches (not mutually exclusive) to managing market risk. One involves quantifying and controlling each of the risks separately. |
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| The other involves carrying out a scenario analysis where the impact on the option position of alternative future scenarios is evaluated. This involves calculating the gain/loss on their portfolio over a specified period under a variety of different scenarios. |
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| Omnesys' flagship product NEST (Next Generation Electronic Securities Trading) has been well accepted by leading brokerage houses. It is a fully integrated online trading system for securities using regular trading work Stations, web browsers, and mobile devices. |
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| NEST binds all clients like remote branches, sub-brokers, and individual investors into an integrated real-time online, multi-channel system. |
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