01.23.2018

Hanweck Debuts Borrow Intensity Indicator

Hanweck, a provider of real-time risk analytics on global derivatives markets, has launched its Hanweck Borrow Intensity Indicator, which mines data from the equity options market to derive stock borrow rates and term curves in real time.

Hanweck Borrow Intensity Indicators rely upon proprietary calculations that transform real-time implied borrow data into time-series with constant maturity characteristics. Indicator data is available for all securities that have listed options.

“The options market offers rich signal data that is applicable to several asset classes beyond equity options,” Gerald Hanweck Jr.,founder and CEO of Hanweck. “As we look to leverage our core Hanweck Options Analytics product to create new offerings and alternative data sets, we are excited to introduce the Hanweck Borrow Intensity Indicator, which offers a unique and previously unavailable real time view into market expectations of securities borrow rates.”

“The introduction of the Hanweck Borrow Intensity Indicator is a first for the securities lending market, where data is typically made available on a T+1 basis,” added Robert Levy, head of business development for Hanweck. By providing real-time information in this somewhat opaque market segment, we have created an actionable trading indicator that will add value for firms that are active in the securities lending space.”

Related articles

  1. From The Markets

    IHS Markit to Purchase Ipreo

    The deal is expected to close in the second half of the year.

  2. The exchange doubles down on cryptocurrency support.

  3. The offering tracks the 10 most liquid dollar-traded digital currencies.

  4. But the industry knows it's just one battle in a long war.

  5. High-Speed Traders Look for Market-Data Solutions

    The agreement allows user access to US corporate-traded volume data