NYSE Liffe

NYSE Liffe is the global derivatives business of the NYSE Euronext group.

Cinnober supplies NYSE Liffe with the systems Bclear and Cscreen forming NYSE Liffe’s over the counter (OTC) service. Cinnober also provides hosting and related services of the Cscreen system.

Cscreen is an electronic pre-trade price discovery tool and provides customers with a more efficient way of disseminating prices for wholesale equity derivatives by reducing the administration involved in inter-dealer brokerage.

The award-winning Bclear service combines much of the flexibility of the OTC market with many of the benefits of an exchange and clearing house environment. Since it was launched, Bclear has been used extensively by leading investment banks and buy-side firms to process OTC derivatives business, helping them to reduce operational risk and manage counterparty risk.

Launched initially for OTC equity derivatives, Bclear now also offers commodities and fixed income contracts.