FX Markets

Canada's Fincad offers beta value

Fair Value Insight was developed to provide independent valuation of foreign exchange and credit derivatives, primarily to the buy side, including hedge funds and corporates. The vendor intended to launch the service by April this year but chose to delay this in favour of seeking market feedback (FX Week, December 3, 2007).

The company expects the beta session to run until mid-March next year, depending on user response.

Fincad is also working on a new analytical product, to be launched in 2009

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