Brief: TFS-Icap licenses DerivaTech OTC pricing module

Interdealer-broker TFS-Icap has entered an agreement to use DerivaTech's OTC platform as its foreign exchange pricing tool for voice-broked transactions.

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Brief: TFS-Icap licenses DerivaTech OTC pricing module

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

TFS-Icap will deploy DerivaTech OTC for the pricing and portfolio risk management of vanilla and exotic option structures.

Michael Leibowitz, TFS-ICAP CEO had the following comments: "The utilisation of this software gives TFS-ICAP an additional means of servicing our clients and we are pleased to include it in the processing of our daily transactions."

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