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GFI Adds Staff to Revamp Fenics FX Pricing

ORGANIZATION AND MANAGEMENT

LONDON—Interdealer broker and market data company GFI Group has hired three new staff members for its Fenics FX options pricing system in London and Singapore.

The hires will help the firm meet increasingly sophisticated IT demands on the system from bank clients, says James Watson, global head of sales at GFI in London.

"Previously, clients would want basic pricing tools, but now, due to the advent of [online] client portals, demand for revaluing, analysis, and client connectivity, they want

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