Kace to offer electronic distribution of FX options in China
Huge potential for China’s FX options market, but regulation and digital transformation are key
Fenics Software’s Kace has partnered with Chinese technology company Erayt to offer electronic distribution of FX options in China, as volumes of the instrument are expected to grow in the local market.
The launch will connect Kace Pro’s FX options pricing engine to Erayt’s local language front office platform, XFunds, extending the UK company’s service to client banks in China.
The move is in line with FX options’ rising volumes traded by financial institutions in China. While the local FX
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