JP Morgan Launches New Web-Based FX Options Tool

LONDON--JP Morgan has upgraded its FX sales service with the launch of a new Website aimed at clients in the options market.

The site is the first to offer information about implied volatility surfaces in multiple currency pairs, according to Philip Weisberg, head of global foreign exchange and precious metals derivatives in New York.

The new site, called the Volatility Center, was launched last month, and provides market information, trading suggestions and analytical tools to help clients trade

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