Hap Cap Taps GFI's Fenics for FX Options

Hap Capital will use Fenics Professional on its FX options trading desk.

Hap Capital has chosen GFI Group's Fenics Professional solution to use on its FX options trading desk for pricing and analytics.

"After evaluating numerous systems for FX Options that cover pricing, risk management, and transaction processing, we decided that GFI Fenics was clearly the best choice," says Andrew Dexter, head of FX options at Hap Capital. "Their platform, Fenics Professional, provides us with the accuracy, ease of use and scalability we require to support and grow our business."

Hap Capital is a New York-based hedge fund. GFI has signed more than 350 users to its Fenics platform around the globe, according to the vendor.

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