Archive for February, 2010
MX2.11 => MX3
Hi Does anyboby have experience in migrating from Murex 2.11 to MX3 on FXOptions? Regards Peter —This message was sent to the Murex User Group at murex-l@listserv.linke.de – To join the group visit http://www.murexusers.org/join-us – If you wish to leave the list send an email to murex-l-unsubscribe-request@listserv.linke.de – The groups website can be found at [...]
Re: How Well Does Murex Support Commodity?
Hi Jerry, I can confirm Murex are putting a lot of work into extending support inthe core platform for trading physical commodities, by building supportfor capturing the logistics associated with physical trades – we havebeen working closely with them and it is a major area of focus in 3.1. Financially settled commodity trading ghas been [...]
Re: How Well Does Murex Support Commodity?
Hi Jerry At most clients I have seen Commodities only being used as derivatives within Murex, meaning futures or other structures.You can do almost any structure, and Metals are sometimes even handled as FX Spots. Physical trading is not covered well in Murex yet, as this would require management of logistics as you already mentioned, [...]
Re: How Well Does Murex Support Commodity?
Hello Jerry I agreewith Björn and have watched (and have also been proactively involved in) Murexevolution over the last 5-6 years to handle Commodities. It is currently deployed in major Investment Banks and Utilities Companies tohandle both the derivative and physical markets. Bit as Björn points out no vendor system is ever perfect for all [...]
Re: How Well Does Murex Support Commodity?
Hello Jerry, yes to all of your questions. Pricing for commodity exotics can be tricky. So after checking withyour quants and product controllers you might prefer using your ownpricing library via the Flex API. Also (and this is generally true for commodities) the details for anymarket can be tricky as well. For instance “transport” can [...]
How Well Does Murex Support Commodity?
Hi, Does Murex support trading of physicals, include logistic managements (transport etc)? How about simple financials such as futures and forwards, and moreadvance derivatives such as options, swaps, with Asian fixings? Thanks. -J —This message was sent to the Murex User Group at murex-l@listserv.linke.de – To join the group visit http://www.murexusers.org/join-us – If you wish [...]
