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CityNet Conversation Checker adds FX options
City Networks has added vanilla currency options to its CityNet Conversation Checker. The tool, which stores, analyses and reconciles dealing error conversations with tickets from Reuters, EBS and e-trading systems, already covered spot and forwards FX, outrights and FX swaps. Exotic options and interest rate swaps are next on the agenda, the firm said.
"Conversational dealing is risky," said Janet Yagle, managing director for North America. This tool
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