Tech briefs

Ericsson takes SuperDerivatives

Swedish telecoms firm Ericsson has licensed SD-FX, the currency option pricing system from vendor SuperDerivatives.

Stefan Daberius, head of markets at Ericsson Treasury Services in Stockholm, said the company is an active user of currency options, including exotics. "SD-FX helps us to devise the sometimes complex strategies we want to use to manage the company's FX risk. It also helps us accurately risk manage any positions we decide to implement," he said.