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| NumeriX and BQuotes Put the Smarts in E-Mail Data Capture NumeriX has announced a partnership with BQuotes. The partnership is the first of its kind to link analytics with market data, allowing traders to easily and quickly calculate best execution prices for trades from information gathered from e-mail. Electronic trading has forced financial services institutions and investment banks to empower their traders with increasingly sophisticated technology to decrease the time to market of a trade. Over the past decade, e-mail has emerged as a key communication tool used by traders to get the latest information on bids and offers in the over the counter markets. However, these e-mails are largely unstructured, which has made accurate, quantifiable analysis difficult. The popularity of OTC derivatives and structured products have skyrocketed in today's crowded markets as traders continue to seek better yields while still protecting their portfolios from unanticipated risk. To price new financial products properly, sophisticated data and analytics are needed. The partnership between NumeriX and BQuotes allows traders to add an extra layer of pre-trade risk management as they price sophisticated deals in an increasingly volatile market. write your comments about the article :: © 2007 Networking News :: home page |