When a US options prop shop built a new fast-track strategy development platform, its business model changed overnight. Tom Heffernan, Director, Global Marketing, Last Atlantis Capital Management, explains why the alternative asset manager encourages emerging trading firms to leverage its technology to perfect their own models.
How has Last Atlantis's business model evolved from inception to the present day?
Last Atlantis originally started as a proprietary options trading
shop back in 1999. We were primarily involved in high-speed
arbitrage trading using US exchange-traded equity options.
As our primary playground was the US equity options mark