FINCAD and ICAP added enhancements to its Fair Value Insight valuation system, including the ability to price average commodity options (swaps) using either volatility surfaces or flat volatility assumptions. www.fincad.com/fair-value-insight
Thomson Reuters acquired Point Carbon A/S, a provider of trading analytics, news and content for the energy and environmental markets. www.thomsonreuters.com
R.J. O’Brien & Associates is growing its institutional presence in Chicago and has invested in new infrastructure and office space in its headquarters building to create a trading floor for its Chicago institutional division. www.rjobrien.com
Singapore Commodity Exchange and the Tokyo Commodity Exchange signed a Heads of Terms agreement to develop cross-listing collaboration and enhance liquidity of the Singapore and Japan commodity markets. www.sicom.net; www.tocom.or.jp
Singapore Exchange announced that BNP Paribas Securities Services has become a clearing member of its derivatives market. www.sgx.com