The startup offers a fintech platform that enables institutional investors to trade FX options and strategies through a centralized venue, providing access to multiple banks for optimal pricing. Its analytics tools enhance trading transparency and efficiency, addressing the need for fair pricing in a complex market.
Funding
$7.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Institutional investors face challenges in accessing fair and transparent pricing when trading FX options due to the complexity of the market and the lack of centralized venues. Existing solutions often provide only partial tools, creating disparities in access and efficiency for different market participants.
Solution
SynOption offers a modular technology platform designed to streamline every step of the FX options trading lifecycle for institutional investors. The platform provides a centralized venue, Optimus, for trading FX options and strategies, connecting users to multiple banks for optimal pricing and execution. SynOption's suite of products includes tools for market data distribution, pricing, client distribution, risk management, and electronic communication network (ECN) functionalities. These integrated solutions enhance trading transparency, automate workflows, and improve decision-making, ensuring fairness and efficiency for all clients.
Target Audience
SynOption primarily targets institutional investors, hedge funds, and traders seeking advanced tools and a transparent venue for FX options trading and risk management.
Features
- OPTIMUS: An MAS-licensed institutional platform for analyzing and trading FX options, ensuring fairness and transparency.
- SYNEXUS: A cutting-edge ECN platform facilitating bespoke FX options trading with advanced order book creation and real-time market parameterization.
- OMEGA: A dynamic risk management platform tailored for FX and digital asset managers, offering modular and quantifiable risk analysis.
- TITAN: A white-label solution to automate FX and digital assets options workflows, enhancing client distribution and workflow efficiency.
- PRIMUS: Market data distribution, streamlining digital assets and FXO market data with real-time analytics and flexible API/UI distribution.
- ORION: A versatile pricing engine offering customizable risk libraries, granular spread control, and seamless integration with market data and trading platforms.
- Comprehensive training programs to equip traders with the skills and knowledge to excel in FX options trading.