Quantifi, a leading provider of analytics, trading and risk management solutions for the global OTC markets, today announced the launch of an industry price-spread calculator for credit index futures listed on ICE Futures U.S., which is a subsidiary of IntercontinentalExchange (NYSE:ICE), a leading operator of global markets and clearing houses.
Reflecting the growing demand for exchange-traded futures contracts as alternatives to OTC derivatives, ICE recently launched the industry’s first credit index futures contract. To support the development of these new and innovative products, Quantifi developed a price-spread calculator to allow market participants to better monitor and manage credit risk exposures. Available on the ICE website, this intuitive, web-based price-spread calculator is designed to convert futures prices into the equivalent forward spreads for any given date.
Key features of the calculator include:
“We are pleased to work with Quantifi to develop this calculator for our customers,” states ICE Clear Credit Chief Operating Officer Peter Barsoom. “By leveraging Quantifi’s experience in financial analytics we are able to provide credit futures participants with a tool that allows them to assess the relative value of the index futures contract against other credit derivatives instruments and to access the information to make informed trading and risk management decisions.”
According to Rohan Douglas, CEO at Quantifi, “The development of innovative, new exchange-traded alternatives to traditional OTC products is an exciting step for the market. They have generated significant interest from our clients and we are happy to work with ICE to help facilitate development of this market.”
Quantifi is a leading provider of analytics, trading and risk management solutions for the global OTC markets. Our award-winning suite of integrated pre- and post-trade solutions allow market participants to better value, trade and risk manage their exposures and respond more effectively to changing market conditions.
Founded in 2002, Quantifi is trusted by the world’s most sophisticated financial institutions, including five of the six largest global banks, two of the three largest asset managers, leading hedge funds, insurance companies, pension funds and other financial institutions across 15 countries.
For further information, please visit www.quantifisolutions.com.
IntercontinentalExchange (NYSE:ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. ICE Futures Europe hosts trade in half of the world's crude and refined oil futures. ICE Futures U.S. and ICE Futures Canada list agricultural, currencies and Russell Index markets. ICE is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe.
For further information, please visit www.theice.com.
|IntercontinentalExchange Completes Trading and Clearing Transition for ICE Endex Futures Markets (2013/10/8)|
|ICE Cocoa Futures Ease From 26-Month High, Orange Juice Down (2013/11/21)|
|Dominion Virginia Power is Prepared For Approaching Ice Storm (2013/12/7)|
|West Penn Power Makes Free Water and Ice Available to Customers without Power (2013/11/1)|
|Platts: European Power Prices Rose Nearly 20% in July on Heatwave (2013/8/6)|
|Platts: European Power Prices Dipped in August; Still Above June's Record Lows ()|
|Platts: September European Power Prices Rose 26.3% on Low Renewables Output (2013/10/7)|
|Platts: European Power Prices Fell 10.2% in October on Low Demand, Oversupply (2013/11/12)|
|Platts: European Power Prices Up Nearly 14% in November on Increased Demand (2013/12/5)|
|E.ON Narrows Outlook as Low Power Prices Hit Profits ()|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.