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]

In addition to providing data and analytics on over-the-counter derivatives, SuperDerivatives also has a chat platform similar to the one used on Bloomberg terminals.

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.