We believe that alpha is a consequence of quality data. That's why we've built an entire ecosystem around hundreds of proprietary indicators, trading tools, APIs, and historical quotes. Since 2001, our products have served thousands of retail traders, hedge funds, and institutional clients.
Matt Amberson starts as a CBOE market maker and hires statistically minded individuals for market making and options research. Techniques to calculate superior volatility calculations and forecasts are developed.
Option Research & Technology Services (ORATS) is formed to offer options products using procedures developed for a successful market making operation. The Smoothed Market Values (SMV) system is designed to produce the best greeks, implied volatilities and theoretical values in the industry.
Core data based on summarizations from the SMV system including implied earnings and dividends is offered as a product.
Data APIs are offered to access information. Backtesting options strategies for clients are introduced.
The first version of Wheel – our online platform for backtesting – is released to the public.
SMV summarizations are enhanced with forward volatilities, skew granularities, and component calculations.
Optimization services are offered to clients as a way to quickly test thousands of parameters and indicators to find the best-performing investment strategies.
The ORATS Dashboard is launched, adding stock scanning, trade building, earnings analysis, and more to our suite of web tools.
The Dashboard is augmented with new broker integrations and better trading capabilities. The new backtest finder is launched, giving users the ability to search, filter, and sort millions of backtests. More tutorials and an upgraded website compliment the new features.
Founder & Principal
Matt started ORATS in 2001 and has served thousands of clients in his two decades at the helm. Before ORATS, Matt worked as a market maker on the floor of the CBOE.
Director of Engineering
Jon has been with ORATS since 2007, leading the engineering efforts in building out our products, services, and IT infrastructure.
Before working at ORATS, Tyler created an options trading platform on iOS. His experience as a developer, trader, and designer helps us improve and expand our product offering.
Wendy has been our lead dividends researcher since 2009. Prior to ORATS, Wendy worked as a public relations manager for a large mutual fund management company.
Jonathan has served a variety of roles at ORATS over the years. With decades of experience working within financial firms, Jonathan provides valuable insight and development tips.