SuperDerivatives

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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

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.