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What is FirmTape?

FirmTape is a specialized web terminal tailored for traders involved in S&P 500 index options (SPX), offering a real-time reconstruction of dealer positioning sourced from the options tape every second. It meticulously monitors critical factors such as the zero-gamma flip, call and put walls, the hold band, and an order-flow book that updates continuously with each print. In addition to this, users can view the option-implied expected move and a calendar highlighting significant market events. The platform also provides access to an impressive archive of over 1,097 completed trading sessions without requiring an account, enabling users to replay sessions in real-time. The built-in Lab feature allows users to experiment with rules articulated in simple language across the entire archive, presenting transparent statistics that may even reveal instances of "no edge." Moreover, a dedicated MCP server facilitates smooth access to sessions and levels on platforms like Claude, ChatGPT, and Cursor. For subscribers to the paid tier, live intraday feeds are available during the US trading hours. Unlike many other trading platforms, FirmTape primarily concentrates on delivering measurements of dealer positioning instead of offering trade signals. The methodology, along with any unproductive studies, is extensively documented in the public research section of the website, ensuring that users gain comprehensive insights into the trading landscape. This dedication to transparency and rich data resources solidifies FirmTape's reputation as an essential tool for serious traders seeking to enhance their market understanding and decision-making capabilities. Additionally, the platform’s unique focus on dealer positioning makes it stand out in a crowded field, appealing to traders who prioritize informed analysis over mere signal generation.

What is Eze EMS?

Eze EMS, formerly recognized as RealTick, serves as an advanced execution management system tailored for high-frequency trading across a diverse range of assets and brokers, facilitating swift and consolidated access to a broad spectrum of liquidity within global markets, which includes equities, bonds, futures, and options. This platform not only provides crucial market intelligence and real-time analytical tools to boost trading effectiveness but also incorporates an Algo Wheel and automated order routing, which assists traders in optimizing low-touch orders while allowing them to focus on more complex trading methodologies. The flawless integration with Eze OMS forms a completely cohesive trading ecosystem, merging exceptional trading functionalities with in-depth pre-trade compliance, position verification, and automated allocation processes. Significant features include a decrease in overall ownership expenses through a Software-as-a-Service (SaaS) model, improved short selling abilities due to integrated short locate functionalities, quick order entry across various asset classes—including sophisticated program and list trades—and strong compliance, position validation, and allocation scheme capabilities. By providing these comprehensive solutions, Eze EMS not only enhances the operational efficiency of trading practices but also empowers financial professionals to achieve superior results in their trading endeavors. Ultimately, this powerful platform is instrumental in navigating the complexities of modern trading environments.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$29/month
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

BrightCode LLC

Date Founded

2026

Company Location

United States

Company Website

firmtape.com

Company Facts

Organization Name

SS&C Eze

Company Location

United States

Company Website

www.ezesoft.com/solutions/eze-investment-suite-overview/execution-management-system

Categories and Features

Categories and Features

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