GFI Group has rolled out a new trading platform, Fenics Trader, Finextra reports. The newly launched offering is a single point of access to multi-bank liquidity for foreign exchange options.
The platform is supported by nine banks, including BNP Paribas, Commonwealth Bank of Australia, Credit Suisse, UBS and Unicredit Bank for live liquidity. FENICS Trader permits customers to calculate indicative prices based on banks’ proprietary volatility surfaces.
Click here for the story from Finextra.