Quantcha Is Making Options Trading Easy
For the second year in a row Benzinga is proud to host the Benzinga Fintech Awards, dedicated to recognizing the most innovative companies in the world of fintech. In anticipation of the May 24 gala, we're introducing you to those companies that will be in attendance.
Continuing our series, Benzinga presents Quantcha, which launched its long-awaited book management tool on Wednesday morning.
Benzinga: Why did you start your company?
Ed Kaim, CEO of Quantcha: I was a retail options investor who needed better tools to understand opportunities and risk. I had a lot of experience building companies in other domains, but saw that FinTech was blowing up and wanted to be in on the action early.
Benzinga: What do you think makes your offering unique in the fintech space?
Ed Kaim: I think options is generally underserved from a tooling perspective. One of the places we’ve invested heavily over the past year has been around portfolio and book management, and that functionality is pretty unique right now. We make it really easy for anyone to model the expected performance of their book over time, as well as how changes they’re considering today would perform relative to it. In addition, we offer suggestions for how you can optimize your book based on a wide variety of goals, such as income generation, trade recovery, delta-neutrality, and more.
Benzinga: What’s one thing you want users to remember your company by?
Ed Kaim: We’re constantly innovating, and our browser-based approach enables us to be really agile when it comes to bringing new functionality to market very quickly.
Benzinga: Do you offer investors any unique data points that can help their trading/investing decisions?
Ed Kaim: We do a ton of work around implied volatility that helps us craft incredibly precise pricing models and distributions. These are then deeply integrated within every aspect of our tooling so that investors don’t even need to think about them. As a result, it’s always easy to understand how your current view aligns with the market’s expectations so that you know what kind of risk you’re getting into.
Benzinga: What’s the biggest challenge to your company going forward, and how do you plan on overcoming it?
Ed Kaim: Our platform has become incredibly sophisticated over the past year, but we haven’t done a good job promoting or detailing its benefits. We’re in the middle of a major initiative to build out some compelling content that bridges finance theory and its application using our tools.
You can learn more about quantcha at their website, or by emailing them. For more information on submitting your company, voting for the finalists, or attending the Benzinga Fintech Awards, click here.
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