List Group Extends Asset Class Coverage and Real-time Risk Analysis of Financial Analytics Library

London - 24 November 2009

List Group FMR4000 Extended to Include Foreign Exchange and Money Market Instruments for In-depth Analysis of Complex OTC and Exchange-Based Trading Strategies

List Group, the independent electronic trading provider behind 15 of Europe’s electronic markets, today announced it has extended the asset class coverage of its financial library, List FMR4000, to include foreign exchange and money market instruments.

The out-of-the-box tool will provide the trading, risk management and treasury departments of buy- and sell-side institutions with the ability to compute multiple real-time risk return analyses, what-if scenarios and fair value evaluations across comprehensive trading portfolios with a single click. Asset class coverage now includes FX, MM, fixed income, equity derivatives, interest rate derivatives and credit derivatives for both over-the-counter (OTC) and exchange-based markets.

Enrico Melchioni, CEO of List Group’s FMR Consulting, comments: “In our drive to continually provide added value to our growing client base we work hard to offer functionally rich products that provide competitive advantage. In parallel to extending our coverage across asset classes, FMR4000 now includes a highly optimised version of the Hull-White interest rate model, capable of calibrating ATM swaptions on a time dependent volatility structure.”

The Hull-White model is currently used to efficiently price large numbers of Bermudan swaptions associated with callable bonds.

List FMR4000 can be integrated with List Group’s FastTrade platform and position keeping systems to enable risk managers and heads of desk to allocate user-specific parameters for improved risk management.

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