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Wedbush Securities, a prominent financial services firm, has partnered with Rival Systems to offer a new multi-asset trading solution through Rival One. This collaboration is designed to provide professional traders with a streamlined and comprehensive platform for managing futures, equities, and options strategies. All trades executed through this joint offering will be cleared through Wedbush.
Key Features and Benefits of the Rival One Platform:
* Unified Interface: The primary advantage is the ability for professional traders to manage strategies across futures, equities, and options from a single, integrated interface. This eliminates the need to switch between multiple systems, simplifying workflows and enhancing efficiency.
* Advanced Execution Tools: Rival One is equipped with sophisticated tools to facilitate precise and effective trading:
* Robust Auto-Spreader: This feature allows for efficient execution of spread trades across various asset classes and exchanges.
* Customizable Algorithms: Traders can utilize and tailor algorithms to suit their specific trading strategies.
* Implied Volatility Fitting: This provides advanced analytics for options trading, helping traders assess market conditions and make informed decisions.
* Integrated RFQ Handling: Streamlines the process of requesting quotes for options spread trading.
* Real-time Risk Analytics and Scenario Modeling: Users can benefit from immediate insights into their portfolio risk and conduct “what-if” analyses to understand potential outcomes of different market scenarios. This is crucial for proactive risk management.
* API Access: The platform offers API (Application Programming Interface) access, allowing traders to integrate Rival One into their existing bespoke trading environments and build custom workflows.
* Simplified Workflows and Seamless Execution: The core aim of the platform is to meet the growing demand for frictionless trading and simplified operational processes, enabling traders to focus more on strategy and less on operational complexities.
* Cleared through Wedbush: All transactions on Rival One will be cleared through Wedbush, leveraging their established clearing infrastructure and expertise in multi-asset clearing and prime services.
Statements from Leadership:
* Rob D’Arco, CEO of Rival Systems: Emphasized that the mission of Rival One is to simplify multi-asset trading without compromising performance. He highlighted the partnership with Wedbush as delivering an “end-to-end solution” for seamless execution and management of strategies.
* Bob Fitzsimmons, EVP and Co-Head of Multi-Asset Clearing and Prime Services at Wedbush: Stated that the collaboration with Rival allows Wedbush to stay ahead of client expectations by offering a flexible, integrated solution that empowers traders to expand their business without adding operational complexity.
This partnership signifies a move towards more integrated and technologically advanced solutions in the trading landscape, catering to the evolving needs of professional traders who require speed, flexibility, and comprehensive tools across diverse asset classes.

Video courtesy of CSOB

Video courtesy of CSOB