Icap, CME Group and The Beast Apps Partner on Market Data and Analytics Tool

Solution allows firms to compare value opportunities between OTC and exchange-based futures markets.

Three businesspeople meet and shake hands
The CME Group, Icap and The Beast Apps partnered together to release a market data and analytics tool for analyzing opportunities between OTC and exchange-based futures markets.

Built on The Beast Apps platform, RapidRV allows its users to analyze the behaviorial trading and relative-value opportunities between the OTC and futures markets.

RapidRV calculates opportunities between futures, including CBOT deliverable swap futures, CME Eurordollar futures and CBOT US Treasury futures contracts, and OTC products including interest rate swaps and US Treasuries. Hedge ratios for multiple hedging strategies and real-time calculation of the "cheapest to deliver" treasury security for CBOT treasury futures are also displayed.

"All the analytics are fast, but the ability to deliver the complex Swaption Vol/Premium matrix in real time showcases that speed across all devices," says Vinayek Singh, CEO of The Beast Apps. "For the first time, we offer collaboration between RapidRV users of applications in real time, which takes peer-to-peer communication to a new level."

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here