Banks boost online options offerings

FX Week revealed that Citigroup and Bank of America planned to develop their capabilities while others have already done so. Bank of America is set to introduce prices on its electronic platform early in 2006. Meanwhile Citi is to add request-for-quote and automated dealing capabilities for the more liquid emerging market currencies’ options on its CitiFX options Online platform by the first quarter of the year.

Others were reported to have already taken the step in response to client demand, for

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