Israel’s central bank, the Bank of Israel, has become the latest institution to adopt SuperDerivatives, the foreign exchange (FX) option pricing system. Dr Ben Schreiber, head of the research unit at the Foreign Exchange Activity Department, Bank of Israel, said, ‘As a central bank, we examine, analyze and research capital flows and exchange rates, particularly, short-term instruments influencing the Israeli Shekel, such as currency options. SuperDerivatives gives as the ability to watch the currency derivatives markets on a daily basis as well as pricing advanced financial instruments like structures and exotic options.’ SuperDerivatives’ customer base ranges from multi-license global investment banks, such as Citibank, JP Morgan Chase, Merrill Lynch, Societe Generale, Commerzbank, Mizuho and Aozora Bank, to corporate treasuries, such as IBM, Alcatel, Xerox and Ford.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.