Numerix, the firm that offers tools for the structuring, pricing and valuation of derivatives and structured products, has opened a new regional office in Hong Kong to meet growing local demand. The operation will be headed by Stephen Cheng.“With the explosive growth of the derivative and structured products markets, as well as the opening of new markets in the region, there has been a significant increase in demand for Numerix analytics which allow organizations to expand their trading opportunities overnight,” said Numerix president, Steven O’Hanlon.
The firm has had a presence in Asia since 1998 with offices in Tokyo and Singapore.
