That's The Ticker
Online options trading has gotten much simpler thanks to an innovative design system
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Ask Wall Street honchos what they want from a trading system and they won’t even pause to reflect. Speed and accuracy are the twin goals; other features, they’ll insist, are just icing on the cake.
Now Peak6, a Chicago-based options-trading firm, is laying the icing on thick in the form of a new professionally designed online trading platform, which it hopes will attract investors in a crowded field. “True, it was a risk for us to make this investment, but we had to differentiate ourselves from competitors,” says John Hass, co-CEO of the fledgling OptionsHouse system, which caters to individual investors rather than Peak6’s professional trader clientele. “And we thought why not design a better trading experience?”