Difference between revisions of "SuperDerivatives"

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SuperDerivatives is a market data and analytics provider specializing in derivatives pricing models, risk analysis and cloud-based market technology.<ref> {{Cite web|url=http://www.superderivatives.com/company.aspx|name=About|org=SuperDerivatives|date=September 5, 2014}}</ref> The company also has a chat platform similar to the one used on [[Bloomberg]] terminals.<ref>{{cite web|url=http://www.ft.com/intl/cms/s/0/7db9b072-3481-11e4-8039-00144feabdc0.html#axzz3CSjTI5qV|name=ICE looks to crack financial data market|org=The Financial Times|date=September 5, 2014}}</ref>
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SuperDerivatives, a subsidiary of the [[Intercontinental Exchange]], is a market data and analytics provider specializing in derivatives pricing models, risk analysis and cloud-based market technology.<ref> {{Cite web|url=http://www.superderivatives.com/company.aspx|name=About|org=SuperDerivatives|date=September 5, 2014}}</ref>  
 
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On September 5, 2014, [[Intercontinental Exchange, Inc.]] (ICE) announced its plan to buy SuperDerivatives for $350 million. The deal is expected to close in the 4th quarter of 2014.<ref> {{Cite web|url=http://www.bizjournals.com/atlanta/news/2014/09/05/intercontinental-exchange-buying-superderivatives.html|name=Intercontinental Exchange buying SuperDerivatives for $350M|org=Atlanta Business Chronicle|date=September 5, 2014}}</ref>
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The company was purchased by the[[Intercontinental Exchange, Inc.]] (ICE) in October 2014 for $350 million.<ref>{{Cite web|url=http://www.marketwatch.com/story/intercontinental-exchange-completes-acquisition-of-superderivatives-2014-10-08|name=Intercontinental Exchange Completes Acquisition of SuperDerivatives|org=Press Release|date=March 25, 2015}}</ref>
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<ref> {{Cite web|url=http://www.bizjournals.com/atlanta/news/2014/09/05/intercontinental-exchange-buying-superderivatives.html|name=Intercontinental Exchange buying SuperDerivatives for $350M|org=Atlanta Business Chronicle|date=September 5, 2014}}</ref>
  
  

Revision as of 14:01, 25 March 2015

ICE wiki logo.jpg

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SuperDerivatives.jpg
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, a subsidiary of the Intercontinental Exchange, is a market data and analytics provider specializing in derivatives pricing models, risk analysis and cloud-based market technology.[1]

The company was purchased by theIntercontinental Exchange, Inc. (ICE) in October 2014 for $350 million.[2] [3]


Background

SuperDerivatives was founded in 2000 by David Gershon, and as of 2014 has over 300 employees in 12 offices globally.[4] 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. [5]

In May 2014, SuperDerivatives won the award for best derivatives data provider for the fourth year in a row at the Inside Market Data Awards.[6]

Key People

Products

  • Market Data
  • Trading Technology and Analytics
  • Valuation Services
  • Cloud Services

References

  1. About. SuperDerivatives.
  2. Intercontinental Exchange Completes Acquisition of SuperDerivatives. Press Release.
  3. Intercontinental Exchange buying SuperDerivatives for $350M. Atlanta Business Chronicle.
  4. ICE to Acquire SuperDerivatives for About $350 Million. WSJ.com.
  5. Swap Execution Facilities. CFTC.
  6. SuperDerivatives named best derivatives data provider for fourth consecutive year. SuperDerivatives.