Can Derivatives Exchanges Become Successful Technology Vendors?

May 24, 2001

Abstract

Boston, MA, USA May 24, 2001

Technology Solutions for  Derivatives Exchanges   

In a new report entitled ? Celent Communications closely examines the leading derivatives exchanges and non-exchange technology vendors competing in the electronic derivatives market.

The latest trend in the derivatives exchange market is for the leading derivatives exchanges to market their electronic trading platforms to those exchanges looking to create new trading facilities or replace/upgrade old technology. In addition, there is a burgeoning B2B electronic market space for the trading of OTC derivatives products. 

The following technology providers are covered in this report:


Eurex LIFFE Chicago Mercantile Exchange
Marché à Terme d’Instruments Financiers OM Group  
onExchange eSpeed ePIT

According to Sang Lee, the author of the report, "For derivatives exchanges, selling their internally developed electronic trading platforms is a great way to diversify their revenue stream as well as to recover incurred development costs." 

He goes on to add that, "The OM Group is a formidable force in the regulated exchange market. In the rapidly developing B2B electronic marketplace for OTC products, the competition is wide-open, with nimble players like onExchange, eSpeed, and  ePIT vying for market share against the established derivatives exchanges ."

The report provides a comprehensive analysis of each technology vendor, analyzing their business as well as their technology strategies. 

A Table of Contents is available online.

of Celent Communication's research services can download the report electronically by clicking on the icon to the left.

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned operating unit of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

North America
Michele Pace
mpace@celent.com
Tel: +1 212 345 1366

Europe (London)
Chris Williams
cwilliams@celent.com
Tel: +44 (0)782 448 3336

Asia (Tokyo)
Yumi Nagaoka
ynagaoka@celent.com
Tel.: +81 3 3500 3023

Table of Contents

 

Boston, MA May 24, 2001

?

Return to report abstract

EXECUTIVE SUMMARY

3

INTRODUCTION

4

MARKET OVERVIEW

6

DERIVATIVES SOLUTION PROVIDERS

8

 

Chicago Mercantile Exchange (CME)

8

 

Eurex

10

 

London International Financial Futures and Options Exchanges (LIFFE)

12

 

Matif

13

 

OM Group

14

 

eSpeed

17

 

EPIT Systems

20

 

OneExchange

21

FUTURE TRENDS

25

 

        

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