Options platform of the year: Digital Vega

Mark Suter, Digital Vega

Multibank foreign exchange options platforms have had a lot to contend with over the past year; a long wait for clarity on swap execution facilities (Sefs) and continual delays in the progress on options clearing have combined to push the likely date when options will be mandated for trading on Sefs further and further into the future.

But while some of the new breed of platforms have bowed out in recent weeks – Tradeweb has sold its options platform to Thomson Reuters and SurfacExchange has

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Best settlement initiative: CLS

Created 20 years ago to mitigate FX settlement risk, CLS continues to lead the settlement sphere with new solutions designed to meet the challenges of an ever-evolving FX market

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