RBC chooses GFI's Fenics FX for options marketing
20 January 2003 | 3434 views | 0
RBC Capital Markets, the corporate and investment banking arm of RBC Financial Group, has deployed GFI Group's option pricing and analysis system Fenics FX for its foreign exchange (FX) options marketing.
The newly-upgraded Fenics FX system will be implemented at RBC Capital Market's global FX sites to provide users with exotic pricing, analytics, reporting and volatility data feeds from GFI brokerage desks.
John Aloisio, global head of derivatives and commodities, says: "We chose Fenics FX because it is more than just a pricing tool, it can also be integrated as an end-to-end solution if we so desire."
New York-based GFI Brokerage says the system is used by FX options trading professionals in more than 850 dealing rooms worldwide.