GFI brings in Academics for Fenics Credit


Forex, credit and energy derivatives broker GFI has entered a partnership agreement with professors John Hull and Alan White, two derivatives academics, to develop Fenics Credit, a pricing tool for credit derivatives.

The software will be subscription-based and is scheduled for release later this year.

Hull and White, both of the University of Toronto’s Rotman School of Management, are internationally recognized for the development of models that value non-standard interest rate derivatives