DrKW launches online options


LONDON -- Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, this month launched options trading on its Piranha online FX trading system.

Following a period of beta-testing with selected counterparties, the new options product is now on general release to clients globally, Matthew Riley, vice-president, e-FX institutional sales in London, told FX Week.

The bank now joins industry heavyweights such as UBS Warburg, Deutsche Bank and Goldman Sachs, which also offe