SuperDerivatives, a provider of multi-asset front-office systems, risk management, revaluation and online options trading applications, announced a new version of its trading platform for the foreign exchange (FX) market.
The new version, which integrates pricing discovery, marketing, reporting and on-line execution,is web-based and operates in real-time. It can integrate into any information and trading architecture, connecting various trading and sales desks, and interfacing with middle and back office systems.
“The FX derivatives market has evolved rapidly, while vanilla and first generation exotics have been commoditised and standardised, with corresponding shrinking margins,” says David Gershon, CEO of SuperDerivatives. “This year alone, over 10 new exotic structures were added to the market and have become popular. FX professionals are now looking for the ability to offer their clients the next generation of exotic FX options. We believe that our FX next generation functionality will further increase the volume of derivatives traded and contribute to the evolution of the market, acting as a catalyst for sustained growth.”
SuperDerivatives new version of its FX trading platform includes:
Support for an array of FX options from vanillas to 4th generation exotics including multi-leg structures and correlation products such as path dependent basket structures, quanto options, cross-asset barriers and dual euro digitals
Sophisticated tools for structuring, marketing, branding & distribution
Online execution and Request for Quote (RFQ) utility connect sales and trading desks together
Proprietary ‘Looking For Strategy’ solver, multi-language customisable Trade Idea Generator and Term Sheet Generator applications
Reporting module provides multi-asset Value at Risk reports (VAR) plus reports for Net Asset Value (NAV), Portfolio Profit and Loss (P&L),and sensitivity spot-volatility
Online execution and improved post-trade portfolio management deliver deal capture, with an online blotter to capture all client deals and automated deal event management.
The new version of SuperDerivatives FX is available immediately.