GFI targets corporates for options pricing

Sophie Brown
17 Jun 2003

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The service – a scaled-down version of the company’s Fenics forex product – is being launched in response to an increased focus on foreign exchange derivatives by corporates, as they grapple with accurately marking derivatives positions to market for accounting reasons, said Nicola Williamson, Fenics FX Online product manager. “Not everyone needs the full power of the Fenics desktop, so this provides greater accessibility.”

The subscription-based service uses the same data feed and technology as GFI’s Fencis FX platform, but offers three different pricing interfaces to gradually introduce corporates to advanced methods used to price options accurately.

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