ICE to Buy SuperDerivatives for $350 Million

jeffrey-sprecher

In a statement, ICE chairmand and chief executive Jeffrey Sprecher says SuperDerivatives will play "a key role" in extending ICE's clearing and data capabilities, adding that the exchange will seek to expand its existing work with SuperDerivatives─which provides ICE's recently acquired Liffe derivatives exchange with daily volatility data based on trade data from OTC and exchange-traded derivatives markets to support end-of-day pricing calculations for options on the FTSE 100 index (IMD, Feb 20,