Intercontinental Exchange Finalizes Acquisition of SuperDerivatives

Intercontinental Exchange (ICE), a global network of exchanges and clearing houses, has finalised the acquisition of SuperDerivatives, a leading provider of Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term, financial market data and valuation services across all asset classes, including foreign exchange. As previously reported by Forex Magnates in early September, the acquisition was finalized yesterday in an all-cash transaction of $350 million.

Both companies hope to achieve synergies in their respective fields of expertise. SuperDerivatives provides real-time analytics, data, news and chat services via its web-based front-end data system, DGX. ICE is a trading venue for a variety of asset classes offered through a network of regulated excchanges - ICE provides data, technology and risk management services to markets around the world.

According to ICE CEO, Jeffrey Sprecher, the acquisition allows the trading venue to improve on its current offering via "the addition of strong foundation of financial market data and enhanced data and technology services."

SuperDerivatives CEO, David Gershon, sees the partnership as an ideal way to "combine our innovative data and technology with ICE's trading and clearing operations to bring customers a robust and modern financial information platform for cash and derivatives."