SuperDerivatives Discusses a $300-$400 Million Acquisition Offer

SuperDerivatives, a Tel-Aviv-based global financial information and trade execution provider, is in discussions with a "large international company from the same field" looking to acquire the company, according to a report in Israeli newspaper 'Calcalist'. The potential buyer is reportedly already conducting due diligence tests in the firm's headquarters these days.

Founded in the year 2000, the company provides clients with a system to evaluate pricing of swaps, with FX swaps and options being a large part of their business. Swap dealers use SuperDerivatives to get a third party evaluation of their swap price changes for mark-to-market on a daily basis for their customers and for filling accounting reports.

Also among clients using SuperDerivatives for 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 and hedging exposures for derivatives are many financial institutions, such as the Chinese bank, ICBC. The yearly revenue of SuperDerivatives is estimated at $150 million and it is said to be profitable. In 2008, the CEO of the company, David Gershon, estimated that the company would one day go public with a $1 billion IPO, but that never came to be. Six months ago the company hired the services of an investment bank asking for a $500 million acquisition.

SuperDerivatives has also developed a multi-bank multi-asset Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, called SDeX. The SuperDerivatives' platform is supported by 26 market-making banks, including Morgan Stanley, Julius Baer and Macquarie. It supports all asset classes and is used for metals, FX, oil products, freight, credit derivatives and equity derivatives. These types of transactions have traditionally been executed either over the phone or via chat systems, and most exotic products have not yet been mandated for trading on either SEFs or MTFs.