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SuperDerivatives, the benchmark for options and the leading derivatives multi-asset solutions and data provider, has launched an enhanced version of its SD-EQ real time pricing and analytics platform that significantly enhances accuracy and productivity for equity derivatives.
In the new version, SD-EQ features the industry’s first “Equity Derivatives Data Generator” TM (SD-EDG) which provides real-time volatility surfaces, as well as implied dividend forecasts and forward price term structures for any underlying stock or index. This sophisticated inference engine combines a multitude of inputs including historical dividends, OTC and exchange option market quotes, security lending rates and the SuperDerivatives benchmark pricing model for options. This advanced technology enables accurate pricing of any equity derivatives for any strike and expiry and for vanilla and exotic products.
Alongside SD-EQ, the SD-Revaluation service has also been upgraded to utilize the advanced SD-EDG inference engine for generating highly accurate valuations and risk reports for equity derivatives portfolios.
“The new version of SD-EQ is a breakthrough for equity derivatives market participants. The SD-EDG real-time engine we have developed consistently generates market-accurate prices for equity derivatives. Having worked for over a decade in this market, I haven’t come across an internal or external system that can generate such accurate prices. This will significantly improve the transparency in equity options markets globally,” said Adam Duff, equities product manager of SuperDerivatives. “As the popularity of advanced instruments, such as equity linked notes and complex exotic structures increase, SD-EQ provides pricing, risk management and revaluation to the exotic options they embed.”
SD-EQ provides real-time, accurate market prices, risk management and analytics for all equity derivatives - from vanilla to exotic options and structured notes. Its coverage spans thousands of underlying stocks and indices traded in leading stock exchanges across Europe, North America and Asia Pacific, in both developed and emerging markets. The system effectively blends over-the-counter (OTC) and exchange-traded options markets.
Additional SD-EQ product enhancements include:
- Extensive quanto capabilities for all structures - shielding users from unwanted currency risk;
- Advanced cross-asset hybrid pricing and analytic capabilities;
- Extended support for popular exotic products;
- Redesigned, intuitive user interface, allowing text search for thousands of underlying supported single stocks and indices;
- Improved risk management capabilities;
- Additional flexibility for banks and brokers to securely feed the system with their own rates for internal or client use.
SuperDerivatives’ products, including real-time multi-asset pricing and analytics systems, risk management systems, portfolio revaluation services, options market data portal and online trading capabilities, are used by numerous companies from both the buy and sell side. Its pricing platforms are used by virtually all banks that trade options, as well as by numerous corporations, asset managers, hedge funds, auditors and central banks.
The SuperDerivatives’ benchmark option pricing model is the only publicly available and market tested model whose accuracy in generating real market prices for all types of derivatives has been proven and validated continuously for several years.
The SuperDerivatives platforms are available for immediate 30-day trial at www.superderivatives.com.
About SuperDerivatives
SuperDerivatives has revolutionized the world of option pricing by introducing transparency to all options. With its real time pricing systems every user can price options with accuracy even greater than the most experienced traders in the largest investment banks on Wall Street and the City of London. By providing prices that consistently reflect the inter-dealer market, the company’s products are now accepted and regarded by the majority of trading professionals as the benchmark pricing for options. SuperDerivatives’ multi award winning, real time pricing platform for all kinds of derivatives are used both by the buy and sell side globally.
The company also provides fully fledged risk management systems and an on-line trading platform. In April 2004 SuperDerivatives launched its benchmark portfolio revaluation services that utilized its benchmark pricing model and independent global market data network. Since then, they have extensively been used by numerous banks, hedge funds, asset managers, custodians and hedge funds administrators.
SuperDerivatives serves its clients diligently in over sixty countries in all continents and has offices in London, New York, Tokyo, Singapore, Buenos Aires, Hong Kong, Sydney and Paris.
Further information: http://www.superderivatives.com
