Inventure Deal May Impact FX Options Pricing Methodologies

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Inventure has signed a deal with Oxford Financial Software (OFS) to integrate sophisticated numerical pricing methods into forthcoming versions of the Fenics foreign exchange options trading application.

Industry observers say the deal is likely to have a significant impact on forex options pricing methodologies, given Fenics' dominance of the market in front office FX options systems.

Jim McGann, marketing manager for Inventure, says the vendor signed its alliance with OFS last month. OFS wi