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Shoonya launches free FnO Edge options toolkit
The Hindu BusinessLine··4 Sept
Shoonya, Finvasia's digital trading platform, has launched FnO Edge, an options toolkit that combines market analysis, strategy building, risk assessment and execution. It will sit on Shoonya Pro and be free for all Shoonya users. Powered by ClickTrade, it is built for manual trading, not algorithmic automation. Co-founder Sarvjeet Singh Virk said it aims to clarify risk before trades.
Prism
What It Means For You
- FnO Edge is listed as free for every Shoonya user with no extra charge stated.
- Traders can review combined premium, quantities and risk metrics before placing a basket order.
- The toolkit is described as manual only, without algorithmic or automated trading.
What's Happening
- BusinessLine said the product starts with an option chain showing implied volatility, volume and strike comparison.
- Users can test how underlying price, implied volatility and time to expiry change a strategy.
- Finalised strategy legs can be added to a basket and executed in one step.
Who Built The Toolkit
- Shoonya is the digital trading platform of Finvasia.
- FnO Edge is powered by ClickTrade according to the company announcement.
- Sarvjeet Singh Virk is cited as co-founder and MD of Shoonya by Finvasia.
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