Numerix launches Bond Trader application

Steven R. O'Hanlon, President and COO, Numerix: "Bond Trader is ideal for evaluating and monitoring all types of complex trading strategies."

Numerix has introduced Numerix Bond Trader, a front-office Excel based trade management and strategy tool. Available via Numerix CrossAsset XL -- Bond Trader is the latest addition to Numerix's suite of Trader applications: FX Trader, Rates Trader and Credit Trader.

"With Numerix Bond Trader we are able to provide our clients with advanced workflow functionality," said Steven R. O'Hanlon, President and COO of Numerix. "When coupled with the flexibility of the Numerix CrossAsset platform, Bond Trader is ideal for evaluating and monitoring all types of complex trading strategies. Bond Trader is the latest addition to our suite of existing Numerix Trader applications and based on our client's needs we will be introducing applications for other asset classes in the future."

Numerix Bond Trader Key Features & Benefits for Traders and Risk Managers

BOND TRADER:

• Integrated deal capture and management for portfolios consisting of corporate bonds and credit products

• Perform Mark to Market (MTM) and Mark to Model calculations across the entire portfolio

• Conduct pre-trade analysis for finding Delta/Gamma neutral trade strategies

• Leverage combined credit analysis and screening capabilities

• Integrated market monitoring for Rate Curves, CDS Curves, Bond quotes

• Monitor risk exposure relating to interest rates, credit spreads, recovery rates and jump to default rates

• Find relative value opportunities in Bond/CDS Markets

• Tool set for active basis trading in the bond/CDS markets

Numerix Bond Trader consists of an Excel template that includes pre-defined worksheets for performing key tasks related to bond trading. The worksheets are divided into five categories: trade blotter, risk monitors, market monitors, position monitors and credit curve maintenance.