The opening of the platform for external and competitive options traders is interesting to clients for two reasons: firstly, because price discrepancies in the OTC options market can occur as a result of differing interests and, secondly, because the electronic connection to other investment banks’ price models significantly expands the investment universe in terms of underlyings. Within seconds, the “opened” deritrade® therefore automatically creates a combination of the various options prices at which the client can put together the product with the most attractive conditions.
This innovation does not result in any loss of quality. Because, regardless of whether the derivative component is calculated by Vontobel or one of its partners, Vontobel will always remain the issuer with all obligations and quality standards. This is important, not least as regards the secondary market.