Traiana goes live with forex options

NEWS

The vendor announced the launch of the service last year (FX Week, September 26 2005), but the first customers started trading this month.

The options will be traded on HMC, a central hub that replaces the manual processing of give-ups and the use of multiple point-to-point interfaces with a single connection point of all participants.

Trade data can be transmitted avoiding data entry, which adds to risks of errors and increases costs, according to a Traiana spokesman.

Lower-cost options trading

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