Digital Vega aims to slash FX options fees with new Clob

Traders hope platform can loosen grip of voice brokers, despite concerns over market fragmentation

Fees

Foreign exchange options trading platform Digital Vega is planning to launch an interdealer central limit order book (Clob) in early 2022 where dealers can earn brokerage with high volumes, a move that could disrupt the fees charged by voice brokers and open the market to more players.

The new platform has been largely welcomed by FX dealers and could provide significant relief for options traders that have been hampered with high broker costs.

“For me, when I’m looking at all my costs for my

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