GFI Unveils Fenics 2002

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LONDON--Interdealer broker GFI will today (April 29) announce details of enhancements to its Fenics options pricing system, which is used by an estimated 85 percent of global options dealers.

The upgrade, Fenics 2002, will be launched on May 23 at industry body ACI’s European congress in Luxembourg, and is now being beta-tested by a range of un-named banks.

Fenics has also been integrated with the GFI FX option market data feed that gives real-time market volatility surfaces from GFI’s trading

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