Bank SinoPac prices options with SuperDerivatives

Taiwan's Bank SinoPac has adopted SD-FX, the benchmark pricing system from SuperDerivatives, for the launch of its new exotic options business.

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Bank SinoPac prices options with SuperDerivatives

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Andrew Wang, an options trader at Bank SinoPac says that clients are increasingly looking to use exotic options as part of their trading strategies.

"To do this in a way that lets us retain control of our business, requires an accurate and independent pricing system," he says.

This latest order marks another Asia-Pacific success for SuperDerivatives, which last week reported ten sales this year to institutions in Singapore.

Peter Mullins, regional sales manager for SuperDerivatives, says: "Word of mouth has led to a huge increase in demand for SD-FX across the entire Asia-Pacific region."

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