Oddo Options is specialised in the trading of options/derivative products. Present since the opening of the equity derivatives markets, Oddo Options' principal activity is market making on the organised options markets in equities and European indices. This consists of ensuring liquidity in the electronic options markets within the specific status of market maker.
 | | A key player in the European options markets |
Thanks to the professionalism of its teams and its IT expertise, Oddo Options is one of the key market makers in the options market for the 100 largest European market capitalisations:
 Leading market maker on the MONEP market - options on French equities Leading player on the IBEX35 options market, Leading player in options on the S&PMIB index in the Italian market, Leading player for options on Italian equities, Growing presence in the German, Dutch and Swiss markets.
Oddo Options primarily operates in the listed markets for the derivatives known as "vanilla" products (products guaranteed by a clearing house): calls, puts futures and, occasionally, OTC products.
| | Recurring earnings |
Oddo Options' expertise enables it to generate NBI which is relatively stable. Recurring earnings are the result of unwavering principles:
Operating in highly liquid, mainly organised, markets, Applying an arbitrage-based rather than a speculative rationale, Processing a large number of transactions generating low margins in order to maintain a low risk level, Permanently maintaining the valuation of portfolios marked-to-market in order to detect any market situation harbouring arbitrage opportunities.
Oddo Options regularly invests in IT systems and has built up a significant in-house IT team.
| | An integrated research function, at the service of professional clients |
In addition to its market-making activities, Oddo Options has a dedicated research function detecting and tracking volatility. This service, which targets professional clients, mainly involves listed options and OTC products.
Oddo Options' research function defines the principal strategies for options on stock market equities or futures. Its role - involving in certain instances, close cooperation with the Oddo Securities' equity research and technical analysis teams - involves analysing volatility questions (directional and arbitrage).
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