Options pricing outfit SuperDerivatives is to offer direct access to the Liffe Connect electronic trading platform, further speeding the convergence between OTC and exchange-traded derivatives markets.
The partnership will give SuperDerivatives customers the ability to price, analyse and trade exchange-traded Liffe products within SuperDerivatives' applications alongside OTC products.
SuperDerivatives users will be able to see streaming prices from the Euronext exchange and interact with the market through SuperDerivatives' Web-based applications. The vendor says its pricing system will merge OTC prices with exchange prices to maximise transparency for users with the target of tightening the bid/offer spreads in the corresponding exchange products.
David Gershon, president and CEO, SuperDerivatives, comments: "The combination of SuperDerivatives and Liffe represents a convergence of the OTC and exchange markets for the benefit of all users. This will eventually increase liquidity and bring greater transparency to interest rate derivatives products and other Liffe Connect derivative products."