Toro Capital Management LLC
Financial ServicesIllinois, United States11-50 Employees
Toro Capital Management LLC is a boutique market-making firm active in the index options arena on the Chicago Board Options Exchange and the Chicago Mercantile Exchange. It provides liquidity in options tied to major indices such as the S&P 500, S&P 100, and volatility products like VIX, as well as SPY options, operating as a member firm on both exchanges. The firm employs a proprietary pricing and risk model to gauge current market conditions and guide its trading activity across multiple execution channels, including open-outcry, phone, and electronic platforms. Based in Chicago, Illinois, the firm functions as a liquidity provider in index options, supporting market participants on both the CBOE and CME. Through its membership on these exchanges, it engages in options activity across S&P 500, S&P 100, VIX, and SPY contracts.