Reech forecasts growth in demand from hedge funds

He said the firm currently has 15 requests for the tool pending, and expects interest in it to increase because it helps users to track volatility. "Volatility makes use of the stochastic model by allowing users to model volatility theoretically and arbitrage it," he said.

Despite difficult trading conditions for hedge funds over the past few months, as volatility in the FX market has dipped to record lows, Reech believes there will continue to be good opportunities for them in the currency