360T licenses GFI Fenics for options pricing on Tex platform


Foreign exchange trading platform provider 360T has licensed technology from Fenics Software, a subsidiary of GFI Group, to enable FX options pricing on its Tex multibank trading platform, in a deal that will see 360T beginning to compete for market share in the increasingly competitive options trading space.

Fenics Software had previously launched its own options trading platform, Fenics Trader, in February 2011 but, as announced last week, the platform has now been renamed GFI Direct and

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