Derivatives

Pension funds, fund managers and hedge funds are increasingly using commodity derivatives to diversify their portfolios, according to a new study.

Eurex, the European derivatives exchange, has reported that customers’ average roundtrip times for futures contracts halved to five milliseconds following the introduction of its Enhanced Transaction Solution last month.

European central securities depository Euroclear Bank has linked its DerivManager OTC derivatives service with the Trade Information Warehouse, an OTC derivatives processing facility provided by the US’s Depository Trust and Clearing Corporation (DTCC).

Derivatives exchange Eurex will launch USD-denominated derivatives on the MSCI Russia Index, on 23 June 2008.

The Tokyo Stock Exchange (TSE) is planning to introduce Tdex+, a new options trading system, in the first half of 2009.

Research and strategic advisory firm Tabb Group has released a new paper predicting considerable challenges ahead for options market makers.

FlexTrade Systems, a trading technology provider, has opened a new field office in Chicago.

Accounting firm KPMG’s Turkey operation has chosen SuperDerivatives’ multi-asset options pricing and analytics platform for foreign currencies and interest rates.

Eurex, an international derivatives exchange, is to further extend its product offering by introducing 13 new equity options on Belgian, Dutch, French and Spanish underlyings.

SuperDerivatives, a derivatives pricing and trading technology firm, is to provide the liquidation price (or ’exit price’) of all derivatives held within clients’ portfolios.