GFI and Traiana offer processing boost for forex options trading

The introduction of these services highlights the growing importance of cost-effectively transacted options, according to Derek Sammann, global head of FX options at Calyon in London. He said: "As the market becomes increasingly commoditised and margins on vanilla options tighten, it is important that costs are cut." GFI is offering clients straight-through processing for FX options by tying up its FX Blotter and Fenics FX tools.

Launched earlier this year, FX Blotter is a web-based tool that