Digital Vega launches multibank FX options trading platform
Medusa is aimed at buy-side traders looking to trade FX option structures on prices from up to five relationship‐based liquidity providers. The system supports trading in single options, straddles, strangles and risk reversals.
The first transactions on Medusa were undertaken on November 11, by Pareto Investment Management, owned by BNY Mellon Asset Management. The trades consisted of single options, in AUD/USD in market amounts, said vendor officials.
Mark Suter, chief executive at Digital Vega
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