Email Contact Phone Company Visit Website

EMEA, London Office

30 St. Mary Axe
London
GB

Asia-Pacific, Hong Kong Office

21/F, ICBC Tower Citibank Plaza 3 Garden Road
Hong Kong
HK

Asia-Pacific, Mumbai Office

Level 6 Vaswani Mansions Dinshaw Vacha Road, near K C College Churchgate, Mumbai
Mumbai
IN

Asia-Pacific, Singapore Office

No. 80 Raffles Place #21-21 UOB Plaza 2
Singapore
SG

Asia-Pacific, Tokyo Office

Otemachi First Square East Tower 4F 1-5-1 Otemachi Chiyoda-Ku
Tokyo
JP

Asia-Pacific, Sydney Office

Level 21 Tower 2 201 Sussex Street
Sydney
AU

Americas, New York Office

7 Times Square 35th Floor
New York
NY
US

Americas, Buenos Aires Office

Blanco Encalada 193 Office 35 San Isidro Prov de Buenos Aires
Buenos Aires
AR

Telephone

+44 20 7877 0651

Contact

Lee Oliver
[email protected]
Back to all SuperDerivatives announcements

The option revolution accelerates as SuperDerivatives releases a new cutting-edge version of its award-winning SD-FX pricing system

SuperDerivatives, the benchmark system for options and the leading provider of option pricing, trading and risk management systems, has released a new, even more powerful version of its multi-award winning SD-FX™ pricing platform.

At the request of its many users, SD-FX now includes additional cutting-edge exotic foreign exchange (FX) options, such as multi-period faders with knock-outs and accumulators, basket options and variance swaps. A correlation module has also been added, allowing the real-time calculation of correlation-dependent options.

For the benefit of its rapidly expanding corporate base, SuperDerivatives has also added numerous new structured products to SD-FX, including 10-types of “forward-like” structures. These are seen as an important bridge to derivative use for corporations who have previously only utilized forward transactions for hedging, but who now want to learn how to use options.

New functionality has also been added to enable bank’s sales staff to assist their clients by analyzing the efficiency and profitability of trade ideas. In addition SD-FX has added further emerging market currency pairs that have recently become more liquid. This includes the provision of full volatility surfaces, which also extends to the SD-MM-Reval service – this provides daily portfolio revaluations to clients using accurate and independent market rates. SD-FX now includes currencies such as the Slovenian Tolar (SIT) and Vietnamese Dong (VND), further underlining SuperDerivatives’ continuing commitment to its original mission of bringing transparency to all currency markets.

"A major reason why SD-FX has become so popular is because our clients play a key role in its ongoing development. We have responded to customers’ feedback and the new functionality has been added specifically at their request. For example, Correlation trading has become increasingly popular in the market, as have complex fader structures and variance trades; therefore, we have swiftly added them to the system. SuperDerivatives is committed to support all option structures as they become popular on all currencies," says David Gershon, President and Chief Executive of SuperDerivatives.

"The new version of SD-FX is a major upgrade and it includes over 200 new features. We are totally committed to maintaining SD-FX’s position as the market’s benchmark option pricing system and will continue to set the standard others have to try and follow," adds Gershon.

The latest release includes many new tools for corporate users and fund managers. Among them are powerful risk management utilities, such as the volatility sensitivity analyzer. This lets portfolio-managers assess the potential exposure of their options portfolio to simultaneous changes in both the spot rate and implied volatility, based on real market prices. A new hedging Strategy Wizard has also been added; this automatically suggests effective strategies for hedging specific currency exposure, subject to parameters defined by users. The new version of SD-FX produces sets of reports for corporations to help them measure the hedging efficiency of given cash flows.

SuperDerivatives’ products are used by numerous companies from both the buy and sell side. Its pricing platform for currency options SD-FX is used by almost all the banks around the world that are active in currency options, and numerous corporations and hedge funds, auditors and central banks.