Hobokens Derivex Launches Swaps Pricing Service On The World Wide Web

MARKET DATA & NEWS

DERIVEX, a division of Hoboken, N.J.-based Investorgate Communications, has launched a World Wide Web site offering real-time derivatives pricing for interest rate swaps. The site prices FRAs, medium-term and short-term interest rate swaps, annual money, spot annual money and broker-dated FRAs.

According to Don Tyson, director of Investorgate, the service is targeted at institutional investors. "We are supplying the prices in real time, as they are derived from eurodollar futures," he says.

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