US Options Trading & Analytics Platform
TOP is a multi-asset execution and analytics system with specialized options capabilities designed to accommodate user needs from basic execution to advanced volatility trading. It combines broker-neutral trading in US listed options and equities with sophisticated risk management on a stand-alone or portfolio basis. As Instinet's most comprehensive options-focused execution platform, TOP represents another innovative broker-neutral trading solution from the leading agency broker.
TOP's PROFIT modeling interface allows users to graphically view implied volatility using built-in modeling calculations or adjusting inputs to reflect their proprietary views. PROFIT's Grid and Curve views provide real-time curve-fitting while allowing users to manipulate inputs via an intuitive interface
- Multi-Asset Trading
- TOP provides multi-asset trading capabilities from single stock or index options to spreads and delta hedging on one flexible platform.
- Volatility Modeling
- Users can leverage TOP's sophisticated models for volatility and greeks analysis, incorporating proprietary views or using built-in calculations.
- Prime Aggregation
- Positions and trades can be aggregated in real time across prime brokerage accounts for unified insight into risks and opportunities.
- Portfolio Analytics
- Users can perform what-if analysis on greeks, P&L and risk across positions grouped by asset, sector, prime broker or custom.
- Broker-Neutral Tools
- TOP incorporates true broker-neutrality, including comprehensive third-party algorithms and direct market access tools.
- Comprehensive Solution
- TOP's integrated execution and analytic suite can be customized to meet diverse needs in trading and risk management.