Difference between revisions of "SuperDerivatives"

Revision as of 12:14, 5 September 2014

	Intercontinental Exchange @ICE_Markets @NYSE

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Founded	2000
Headquarters	Tel Aviv, New York, London
Key People	David Gershon, CEO; Yuval Levy, CTO
Employees	300
Products	Market data and analytics
Website	www.superderivatives.com

SuperDerivatives is a market data and analytics provider specializing in derivatives pricing models, risk analysis and cloud-based market technology.^[1]

On September 5, 2014, IntercontinentalExchange, Inc. (ICE) announced its plan to buy SuperDerivatives for $350 million. The deal is expected to close in the 4th quarter of 2014.^[2]

Background

SuperDerivatives was founded in 2000 by David Gershon, and as of 2014 has over 300 emplyees in 12 offices globally.^[3] Gershon continues to serve as chairman and CEO.

The firm began as a data analytics firm for options markets. In 2004 it expanded into market data, publishing implied data from OTC markets.

In 2013, SDX Trading, a subsidiary of SuperDerivatives, filed with the Commodity Futures Trading Commission to become a swap execution facility (SEF). Its application was still pending in September 2014 when ICE made its bid to acquire the firm. ^[4]

Key People

• David Gershon, founder, chairman and CEO
• Yuval Levy, chief technology officer
• David Collins, CEO, SDX Trading LLC
• Lewis Ranieri, advisory committee chair

References

1. ↑ About. SuperDerivatives.
2. ↑ Intercontinental Exchange buying SuperDerivatives for $350M. Atlanta Business Chronicle.
3. ↑ ICE to Acquire SuperDerivatives for About $350 Million. WSJ.com.
4. ↑ Swap Execution Facilities. CFTC.