SuperDerivatives

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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 the Intercontinental Exchange, Inc. (ICE) in October 2014 for $350 million. ICE has integrated SuperDerivatives' tools into its trading and clearing platforms for analysis and risk management.[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

  • David Gershon, founder, chairman and CEO
  • Yuval Levy, chief technology officer
  • David Collins, CEO, SDX Trading LLC
  • Lewis Ranieri, advisory committee chair

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.
Last modified on 25 March 2015, at 14:04