Future Developments

The following releases are planned for 2005. If you have any suggestions for future developments, from bug fixes to new calculations, please contact Derivity.

Version 6.0

Version 6.0 will be released towards the end of January 2005. This will contain many enhancements throughout the product but particularly in the FX Option functionality including:

• An enhanced user interface;
• User-definable strategies;
• Zero cost strategies with margin support;
• One-touch and no-touch options;
• Graphical analysis of profit/loss and sensitivity;
• Volatility surfaces;
• Portfolio management.

Additionally, the Zero Curve calculations and displays will be integrated into the central calculation engine. This will increase the efficiency of the application and will reduce its reliance upon Excel.

Later in 2005

Further releases will be available during the year. All of the interest rate derivatives displays currently hosted in Excel will be integrated into the main application. Full links to Excel will be maintained.

Other new displays will include:

• Constant Maturity Swaps
• Arrears Swaps
• Principal-only and coupon-only swaps