TABB Group Publishes New Options LiquidityMatrix™

TABB Group today issued the financial markets industry’s only analysis of equity options market activity covering execution quality and trading activity at the seven major US equity options exchanges. Published jointly by TABB Group and TAG, Options LiquidityMatrix™ will be issued monthly. This exclusive analysis will be available through and distributed worldwide by TABB Group to TABB Derivatives Research Alliance clients and qualified financial, business and trade media.

Andy Nybo, head of derivatives at TABB Group, said, “The hyper-competitive options trading environment is being driven by current regulatory initiatives that coincide with a dramatic change in the way options are traded. The expansion of pennies, growth in high-frequency trading and greater focus on best execution are adding fuel to a raging battle among the exchanges.” He added, “ Options LiquidityMatrix provides the trading community with detailed statistics that will assist trading professionals to understand and evaluate these changes.”

“It is easy to understand how the benefit of combining TABB’s deep knowledge of the financial markets with TAG’s execution measurement expertise would lead to unparalleled insight into the issues and trends surrounding the options industry,” said Christophe Dacre-Wright, Chief Executive Officer at TAG. “We see great value in the information offered in the Options LiquidityMatrix, which details volumes, spread and execution quality metrics and industry benchmarks.”

The data in Options LiquidityMatrix are compiled using proprietary execution quality statistics generated by TAG, with aggregate industry volume published by the Options Clearing Corporation. Options LiquidityMatrix will initially include charts and tables analyzing the rapidly evolving US options market. These tables include:

• Year-to-date industry options volume with comparison to prior periods
• Industry options volume market share by exchange with comparison to prior periods
• Penny options trading volume market share by exchange with comparison to prior periods
• Industry options volume spread and execution quality statistics
• Penny options spread and execution quality statistics

“The new Options LiquidityMatrix follows the success of TABB LiquidityMatrix, which was a timely response to client requests for greater insight into the US equity market’s liquidity and pricing information. As we begin publishing this new Options LiquidityMatrix in association with TAG, we look forward to expanding our library of quantitative industry analytics,” said Larry Tabb, founder and CEO at TABB Group.

TABB Options LiquidityMatrix is available for immediate download by TABB Derivatives Research Alliance clients and qualified media at. For more information about TABB LiquidityMatrix, TABB Options LiquidityMatrix or options market research, visit www.tabbgroup.com or write to info@tabbgroup.com.

About TABB Group

TABB Group is the financial markets research, advisory and consulting firm focused exclusively on capital markets. Founded in 2003, TABB, with offices in New York and London, has helped senior business, trading and IT management gain a truer understanding of financial markets issues, trends, risks, opportunities and threats through comprehensive research and analysis, counsel, consulting, acquisition due diligence and business continuity strategies and consulting. For more information, visit www.tabbgroup.com.

About TAG

TAG is an independent technology provider offering solutions to measure the quality of trade executions of global financial market participants as well as overall market quality. For fourteen years, we have been developing numerous products including powerful global Execution Analytics Solutions measuring: quality of execution, competition between market participants (Execution venues, Brokers), transaction cost analysis, US best execution compliance reporting, and innovative custom metrics. With TAG’s expertise, market participants can better take control of Best Execution, Trading Costs, Market Fragmentation and Regulatory Obligation in this quickly evolving landscape. The Transaction Auditing Group, Inc. (TAG), an independent company, is not affiliated with the TABB Group. The statistics provided by TAG are from sources believed to be reliable, but TAG makes no representation as to the completeness or fitness for any particular purpose. Information produced by TAG is copyrighted and any unauthorized use, duplication, redistribution or disclosure is prohibited. For more information, visit www.tagaudit.com.