Derivatives

Eurex and ISE complete merger

Eurex announced late last week that it had completed the acquisition of the International Securities Exchange (ISE).

New accounting standards to change the way assets are valued, says OTC Val

FAS 157, the new accounting standards launched in November in the United States to regulate the way banks value their assets, are likely to lead to a significant change in the way financial assets are valued, according to OTC Valuations (OTC Val), a provider of valuation and risk reports for over-the-counter (OTC) derivatives.

Markit agrees to buy SwapsWire

Markit, a provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets, has agreed to buy SwapsWire, the electronic trade confirmation network for the OTC derivative markets.

Macquarie Bank's futures division announces new DMA initiative

It was announced on Tuesday that as part of its continued international growth, the listed derivatives business within Macquarie Bank's futures division is increasing the scope of its DMA offering to clients and has signed an agreement to take a hosted global trading solution from Patsystems, a solutions provider for derivatives trading performance and trade processing, from the first quarter 2008.

SuperDerivatives optimises options business for United Bulgarian Bank

SuperDerivatives, an options and multi-asset derivatives solutions provider for real-time option pricing, independent revaluation, derivatives data, trading and risk management systems, has announced that United Bulgarian Bank (UBB) is deploying its multi-asset pricing and analytics suite.

Quantifi selected by hedge fund III Associates for end-of-day valuations

Quantifi, an analytics and risk management solutions provider to the global credit markets, has announced that hedge fund manager III Associates has integrated the Quantifi Toolkit into their systems for end-of-day valuations of their structured credit portfolios.