BAML launches e-FX trading platform for options
The platform enables traders to obtain two-way dealable prices and execute trades live or with delta exchange. It joins others including Barclays Capital, Deutsche Bank and JP Morgan to boost their electronic foreign exchange options offering (FX Week, November 15 and September 3).
The system was built internally over an eight-month period. It enables clients to trade vanilla options and vanilla strategies on G-10 currencies and crosses globally 24 hours a day, six days a week.
Bank officials
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