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DrKW’s Piranha Bites into Online Options Services

TRANSACTION SYSTEMS

LONDON--Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, this month added an options service to its Piranha online FX trading system.

Following a period of beta-testing with selected counterparties, the new options product is now on general release to existing Piranha clients globally, according to Matthew Riley, vice president, e-FX institutional sales in London.

This is DrKW’s first online FX options offering for clients. Prior to this, all of the bank’s

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