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TELEKURS RELEASES "DECISION," A UNIX-BASED REALTIME, MULTI-CURRENCY OPTIONS-ANALYTICS PRODUCT

 NEW YORK, June 28 /PRNewswire/ -- Telekurs North America, the U.S. subsidiary of the world's leading global securities information company, has released Telekurs DECISION, a realtime, multi-currency software product for trading support and risk management analytics. Designed specifically for trading in futures, equities and listed options, DECISION provides realtime quotes, a full range of theoretical values, option-volatility skewing, profit and loss calculation in 3-dimensional graphics, and tabular displays that include actual positions.
 "Telekurs Risk Management Service -- of which DECISION is the pre- trade component -- is the first to offer a complete realtime, multi- currency solution for dealers, brokers, bankers, clearing firm members, and others involved in the global derivatives markets," said Kenneth Marlin, president of Telekurs North America. "Because Telekurs DECISION automatically integrates realtime prices with intraday positions, it allows you to assess profitability and trading risk at or before the point of trade faster and more accurately than any other system available," Marlin continued.
 Telekurs DECISION complements Telekurs SENTRY, the recently released post-trade component of Telekurs Risk Management Service. SENTRY allows risk managers and other users to manage multiple trading positions intraday, in realtime, and alerts management to deteriorating positions as they occur. Marlin asserts that "it is the best there is at providing valuable time in which to initiate damage-control procedures." Both products use realtime securities prices from Telekurs' market data service. They are the first on the market to automatically assess portfolio and trading risk by integrating realtime market data with a data feed of intraday trading positions, and the first to use realtime executed trade data distributed by exchanges, along with analytical models.
 Telekurs Risk Management Service was developed by Telekurs in conjunction with Systems Development Corporation (SDC) of Chicago. Since 1987, SDC-Risk, an earlier version of DECISION written for DOS, has been in successful daily use on the trading floors and dealing rooms of member firms of the Chicago Board Options Exchange, Chicago Board of Trade, Chicago Mercantile Exchange, New York Mercantile Exchange and the London International Financial Futures Exchange.
 Telekurs Risk Management Service is available from Telekurs in major financial centers in North America, the U.K., Europe and the Far East.
 Telekurs is the world's leading supplier to the trading, brokerage and investment communities of realtime, end-of-day and close-of-market pricing, as well as corporate announcements, fundamental and other financial information on publicly traded securities. Telekurs' global databases include coverage of more than 370,000 instruments from more than 50 countries with information from more than 250 data sources.
 The Telekurs Risk Management Service, along with the rest of Telekurs' product line, can be viewed June 28-30 at the Telekurs booth (No. 2107) at the Securities Industry Association (SIA) Information Management Conference and Exhibit at the New York Hilton.
 -0- 6/28/93
 /CONTACT: Linda Costa, product manager of Telekurs North America, Inc., 212-487-2735/


CO: Telekurs North America ST: New York IN: CPR SU: PDT

TM-MP -- NY004 -- 6066 06/28/93 08:01 EDT
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Publication:PR Newswire
Date:Jun 28, 1993
Words:490
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