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
TOP provides multi-asset trading capabilities from single stock or index options to spreads and delta hedging on one flexible platform.
Users can leverage TOP's sophisticated models for volatility and greeks analysis, incorporating proprietary views or using built-in calculations.
Positions and trades can be aggregated in real time across prime brokerage accounts for unified insight into risks and opportunities.
Users can perform what-if analysis on greeks, P&L and risk across positions grouped by asset, sector, prime broker or custom.
TOP incorporates true broker-neutrality, including comprehensive third-party algorithms and direct market access tools.
TOP's integrated execution and analytic suite can be customized to meet diverse needs in trading and risk management.