GFI Acquires dVega for Fenics Offering
VENDOR UPDATE
LONDON--Interdealer broker and market data provider GFI Group bought options pricing model provider dVega and integrated it with the latest release of its flagship options pricing tool Fenics FX, GFI officials are slated to announce this week.
The move brings better pricing of complex options to Fenics, whose strengths are seen to be in the field of vanilla options, say foreign exchange (FX) options traders.
"What Fenics is very good at is pricing vanilla options and users puts their own
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