Tech briefs

GFI adds Fenics client in Korea

GFI Group is installing its FX options pricing system Fenics FX at Chohung Bank in South Korea today (July 19).

The implementation adds to GFI’s client base in Korea, which also includes Koram Bank, Woori Bank, Shinhan Bank and Korean Development Bank.

Jin-Baek Kim, manager, trading and investment department at Chohung Bank in Seoul, said the bank chose Fenics because of its accurate and transparent market pricing, speed, flexibility and compatibility with future pla