SuperDerivatives reports new signings in Germany and Austria

SuperDerivatives reports new signings in Germany and Austria

SuperDerivatives says it has signed another 10 German and Austrian banks to its online foreign exchange (FX) options pricing system.

The new users include Bayerische Hypo- und Vereinsbank, BW-Bank, DZ Bank, die Erste Bank, Landesbank Baden-Wuerttemberg, Landesbank Hessen-Thueringen (Helaba), Raiffesenlandesbank Noe-Wien, Raiffesenlandesbank Oberosterreich, Sal Oppenheim jr & Cie and M M Warburg & Co.

Daniel Kadim, SuperDerivatives' director of sales for Germany and Austria, says many banks in the region have signed up after testing the system.

Adrian Marcu, senior FX option trader at new signing Sal. Oppenheim jr & Cie says: "The system is very user friendly and includes many tools to assist our workflow. For example, it let us put together structures and produce the sales tools with charts explaining them, which we can then automatically send to our customers to illustrate trade ideas and structures."

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