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Autoquote

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Autoquote
Autoquote indicative prices are generated for many of the financial options contracts traded at LIFFE using standard mathematical models as derived by Black and Scholes and Cox, Ross, Rubinstein. Autoquote calculates prices for all series by processing variables captured in real-time from other systems and trading members each time the underlying price changes. Autoquotes indicate where a series may trade, given the current level of the underlying instrument.


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today announced that the Philadelphia Stock Exchange (PHLX), has implemented TimesTen's real-time event processing software within their Equity Options AutoQuote System.
WebQuote licenses AutoQuote, which automates the sales process directly to suppliers.
In an effort to revolutionize its selling process, TelCom has developed an advanced AutoQuote System that gives its sales force, representatives and distributors instant on-line capabilities to run stock checks, obtain quotes, check lead times, place orders, view the backlog and request shipping information.
 
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