Volbroker Banks Take The Top Slots In Derivatives
BEST BANKS AWARDS
LONDON -- The derivatives section of the FX Week Best Banks Awards 2000 was dominated by the players that set up online options trading service Volbroker earlier this year -- although trading volumes to-date in the service remain small.
Winner of the award for FX options, Citibank, and third-place bank UBS Warburg were two of the three original equity holders in the venture, which started trading in August 2000.
Chase Manhattan Bank, which came second in the FX options category in the survey, says
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