Risk Management Briefs
The Boston Stock Exchange (BOX) -- the new all-electronic equity options exchange -- selected Radianznet, a global extranet operated by Radianz, as one of the options to give institutions secure network access to the new market. BOX is currently under review with the SEC and hopes to launch this summer.
Sinochem, a state-owned Chinese trading company, picked TradeCapture's ICTS Symphony to track and manage its international crude oil and refined products trading business. ICTS Symphony is a fully integrated multi-commodity trading and risk-management-system that supports all physicals, swaps, futures, OTC options and exchange traded options.
Bayerische Hypo-und Vereinsbank (HVB) based in Munich, has gone live with SunGard Trading and Risk Systems' Monis Convertibles Analyzer to support its Corporates & Markets Division's expansion into global convertible bonds trading. The Monis Convertible Analyzer is a front and middle-office system for the analysis, trading, portfolio and risk management of equity-linked securities, including convertible bonds and instruments used to hedge them.