QuikStrike Data Management Service Begins

Monday, March 07, 2011

In direct response to customers requests, QuikStrike now provides data management as part of its base service offering. Customers no longer need to manage their own product expiration lists or update settlement prices and volatility curves on a daily basis. QuikStrike staff now execute all daily settlement updates and expiration contract additions.

Due to the nature of the business and the constant need to stay focused on the market and their customers, keeping the system up-to-date was becoming more and more difficult for many of QuikStrike's users. Stale data meant bad prices, unavailable expirations and potential pricing problems. With the new service, users are guaranteed accurate settlements, current implied volatilty information and a comprehensive listing of avaiable option expirations.

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