Emergent Trading Solutions wants to automate the execution of listed and over-the-counter options by providing a single hosted pricing interface and model, enabling counterparties to agree upon a price but keep their proprietary valuation methods private.
To use the Boston-based start-up's solution, called ModelRoute, buy- and sell-side firms agree to use its pricing system, which was developed using the algorithms and models of Surrey, British Columbia-based financial analytics firm FinCAD.
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