Delta One announced the launch of its app in the Bloomberg App Portal. Delta One is a Peer to Peer stock lending and balance sheet management platform that uses options to pair participants. It gives its users pre- and post-trade analytics to help them make informed, real-time decisions at the portfolio level. When released, it will be available to Bloomberg customers through the in terminal app portal.
Harris Bock, CEO at Dynamex Trading and co-founder of Delta One, said in a statement: “We built the platform to empower users to make informed trading decisions and then help them monitor risk on a portfolio level for the entire life cycle of the trade.”
The app provides a wide variety of real time metrics including early exercise modeling, net effective finance rate modelling in early exercise scenarios, optimal strike and expiration selection algorithms, and expected P&L forecasting.
“Trading stock borrows in the multi trillion-dollar options market can be a great source of alpha, but there are some narrow, deep holes that investors can fall into. Our technology helps model those risks and put them in the context of expected P&L. Investing risks can never be fully avoided, but we give our users the proper tools to face them head on,” said Brandon Neer, founder of Delta One, in a statement.
Jason Lefkowitz, co-founder of Delta One, said in a statement that joining Bloomberg’s ecosystem has been a goal for a long time and that Delta One will be available to Bloomberg users starting next month.