Trading Software for Market Makers


MJT is able to create customized & flexible functionality for Market Makers and other traders.  Listed below are some of the unique pieces we have built at our users request, to better support their stock options trading. 

FTP transmission of volatilities from user's proprietary system or local CPU into MJT quoting engine(s).

Various Volitility and pricing Models to choose from: 

  • MJT pricing model  
  • Black Scholes  hard to borrow model
  • Curve Fitting logic: 
  • SABR 
  • Skew Kurtosis program 
  • Time Management to expiration: 
  • Calendar Days Business Days Partial Business or Partial Calendar Days
  • Multiple Server for one account
  • Hardware Configuration(s) 
  • One user can drive quotes into 3 exchanges simultaneously from one front end and server. 
  •  Unique Interest Rate treatment for handling hard to borrow scenarios.
  • Set negative interest rate for underlying and simultaneously run other interest rate(s) for options.
  • Multiple data feed sources, which further separates us from the competition. 
  • Currently we are able to accept ACTIV financial.
  • Complex order legging system
  • Complex Quotes
  • Interfacing with other clearing firms and third party applications.
  • Simple Quotes - cheaper rates and does the same as orders.
  • MM TNT or ETN processing
  • Market Taking system
  • Live "Spreadwatchers"
  • User can create and simultaneously track as many multi-legged strategies as the user wants.
  • Regulatory reports archived.
  • 15c3 limits
  • Spread or complex order calculators.
  • Flex options calculators
  • Cash market calculators