Celeraq is reimagining how Jamaican investors engage with global markets and how global capital engages with Jamaica.
The Celeraq Trading Simulator provides a realistic, zero-risk environment to test strategies, manage risk, and build confidence in derivative contracts tied local securities as well as international ETFs.
Trade Jamaica's main currency pairs. Hedge against currency risk or speculate on USD movement with simulated FX futures and options.
USD/JMD
GBP/JMD
EUR/JMD
Gain broad market exposure by trading futures or bet on volatility itself with options on the Celeraq Jamaica 30 Index.
Explore Indices →Track US Stock market movement with unhedged JMD denominated futures on SPY and QQQ etfs or gain pure exposure with Quanto (Guranteed Exchange Rate) options and explore opportunities beyond the local market.
SPY
QQQ
In developed markets, option pricing models are calibrated to liquid option chains, with frameworks such as Black–Scholes, Heston, or Bergomi driving valuation. But in underdeveloped markets, listed options often do not exist, leaving no data to calibrate against.
Celeraq’s Volatility Surface Methodology solves this gap by constructing estimated volatility surfaces without reliance on listed options. Using the RFSV Model to estimate forward variance term structure, and well documented market dynamics, we generate a robust synthetic volatility surface. This surface is then integrated into the classical Black–Scholes model to produce consistent and transparent pricing.
By bridging the divide between global quantitative finance and the realities of thin, illiquid and developing markets, Celeraq provides a practical and scalable framework for derivatives innovation in emerging economies.
