BGC adds non-deliverable options to Thomson Reuters Trade Notification

Philip Norton at BGC Partners
Philip Norton at BGC Partners

New York-based interdealer broker BGC Partners has expanded its use of Thomson Reuters' trade-notification service to include non-deliverable options – a new product the vendor has introduced to its platform as part of an effort to expand its straight-through processing (STP) capabilities as clients prepare for new regulations.

"Offering electronic notification for non-deliverable options will enable BGC's client base to benefit from the reductions in risk and costs that result from the improved

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