SuperDerivatives Launches Its Real-Time Pricing and Risk Management System for Options on All Commodities.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- SuperDerivatives(R), the benchmark for option pricing, risk management and independent revaluations, has unveiled its state-of-the-art commodity option pricing platform, SD-CM(TM). The new product complements SuperDerivatives' range of option pricing platforms, which already cover the foreign exchange, fixed income and equity asset classes. The systems are suitable for buy and sell side institutions. SD-CM will provide real-time accurate market prices on an exceptionally wide range of commodities, including oil, gas, metals, agriculture, plastic and shipping. Options classes covered include vanilla and all popular exotic options Exotic Option Any non-standard option. Notes: This is the opposite of a plain vanilla option. See also: Barrier Option, Down-and-In Option, Down-and-Out Option, Equity-Linked Foreign Exchange Option - ELF-X, Option, Quanto Option, Vanilla Option , as well as structured products. The system is fed with data from both the exchange-traded and over-the-counter (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ) markets. Prices are generated by the same SuperDerivatives benchmark model used in all of the company's products. SD-CM will also enable the pricing and risk management of commodity options in any base currency through a link to SD-FX(TM), the foreign exchange option market's benchmark pricing system Noun 1. pricing system - a system for setting prices on goods or services system - a procedure or process for obtaining an objective; "they had to devise a system that did not depend on cooperation" . SD-CM has been designed utilizing feedback from commodity market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents. . The system has been beta tested A test of new or revised hardware or software that is performed by users at their facilities under normal operating conditions. Beta testing follows alpha testing. Vendors of packaged software often offer their customers the opportunity of beta testing new releases or versions, and the for several months and has been found to be extremely accurate. Lewis Ranieri, Chairman of SuperDerivatives' advisory board, says: "The drastic changes in commodity prices have created a huge demand for proper hedging tools. While the commodity options markets have improved over the past few years, they still lack the transparency that they need to become mature markets. Transparency is the key missing ingredient which is preventing them from becoming efficient." Ranieri adds: "SuperDerivatives successfully added transparency to the currency options market. SD-CM has the potential to revolutionize the commodity options markets in the same way; they will become as efficient as the currency options market is today." David Gershon, chief executive of SuperDerivatives, says: "The accuracy of pricing that SD-CM provides will take the commodity options markets to a new level. SuperDerivatives now provides a complete solution for accurate pricing and risk management across most asset classes." SuperDerivatives also provides an independent third-party revaluation Revaluation A calculated adjustment to a country's official exchange rate relative to a chosen baseline. The baseline can be anything from wage rates to the price of gold to a foreign currency. In a fixed exchange rate regime, only a decision by a country's government (i.e. service for commodity derivative portfolios and books as part of its SD-MM Reval offering. Gershon concludes: "Our systems provide consolidated risk reports and portfolio revaluations in all the major asset classes. This is the first time in history that listed companies will really be able to comply with the requirements to report fair market valuations. SuperDerivatives is now well on its way to fulfilling its mission to bring transparency to all kinds of options on all asset classes." 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 hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" , auditors and central banks This is a list of central banks. Contents A B C D E F G H I J K L M N O P Q R S T U V W Y Z . Notes for editors: Since unveiling its first pricing system in 2001, SuperDerivatives has revolutionized the world of option pricing, trading and risk management. The company's products are now accepted and regarded by the majority of professional traders and analysts as the most powerful, accurate and modern derivatives platforms available -- they are widely recognized as the markets' benchmarks. By introducing an unparalleled level of transparency, SuperDerivatives has brought benefits to the whole of the derivatives community, from buy side to sell side, and from large institution to small. The company remains committed to its original mission -- to introduce transparency and deliver powerful trading and risk management tools to all existing and potential derivative users. By making their products available to anyone, SuperDerivatives has created a level playing field See net neutrality. in option pricing, trading and risk management. Its systems have won numerous awards. In March 2005, SuperDerivatives was awarded the prize of best non-bank FX technology provider in the prestigious Euromoney Technology Awards. SuperDerivatives operates all over the world and has offices in London, New York, Tokyo, Singapore and Paris. For further information about SuperDerivatives and its products, please visit www.superderivatives.com. Alternatively contact Lee Oliver or Susan Lewis Dr. Susan Lewis, played by Sherry Stringfield, was a fictional doctor on the television show ER between 1994-1997, and again from 2001-2005. Susan was one of ER's original characters, first seen in Season 1 as an eager resident. either by e-mail or telephone. SuperDerivatives, the SuperDerivatives logo, SD-FX, SD-IR, SD-EQ and SD-CM are trademarks of SUPER DERIVATIVES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . All other company or product names are the trademarks or registered trademarks of their respective holders. |
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