FX options workflows need an overhaul, say buy-siders
FX Markets Europe: Traders say electronification of FX options is still lagging
Buy-side traders say foreign exchange options trading continues to lag behind the rest of the electronic market due to complex booking systems and less streamlined processes.
FX options have gradually been moving towards electronification and away from bilateral voice trades and banks’ single-dealer platforms. Multi-dealer platforms have seen a significant rise in FX options volumes from asset managers and hedge funds due to best execution mandates, but also from a desire for automation and a
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