CIBC Installs City FX Options Desk With New 'User-Friendly' Fenics 7.0

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Canadian Imperial Bank of Commerce (CIBC) has installed version 7.0 of Fenics at its London foreign exchange options desk. Fenics 7.0 is the first native 32-bit Microsoft Windows version of Inventure's popular forex options pricing application. Until now, Fenics' look and feel has remained practically unchanged from its original DOS incarnation, first released a decade ago.

"The Windows interface is a dramatic improvement," says David Donara, CIBC's London-based global head of foreign exchange

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