Volbroker and GFInet Square Up To Claim Online Forex Options Market
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NEW YORK/LONDON--Options brokers GFInet and Volbroker, the two leading contenders for the online currency options interdealer market, squared up last week in an attempt to capture the online currency options market, estimated to be worth $5 trillion annually in volumes traded.
Dirk Ward, chief executive of broking consortium Volbroker, says he expects the service to gain 15-20 per cent of global FX options turnover in the forthcoming year, as the firm nears the completion of its global roll-out.
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