SuperDerivatives
| ' | |
| |
| 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]
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.[5]
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
- ↑ About. SuperDerivatives.
- ↑ Intercontinental Exchange buying SuperDerivatives for $350M. Atlanta Business Chronicle.
- ↑ ICE to Acquire SuperDerivatives for About $350 Million. WSJ.com.
- ↑ Swap Execution Facilities. CFTC.
- ↑ SuperDerivatives named best derivatives data provider for fourth consecutive year. SuperDerivatives.
