Today BofA Merrill announced the launch of their new FX options platform, and joined a growing number of new FX options initiatives as shown below:
Single Bank Platforms:
BofA Merrill today announced their new FX Options offering integrated into their FX platform (here)
Credit Suisse, Merlin FX for i Phone (here)
Potential SEF Platforms
Exchange model: SurfaceExchange launching SurfaceExchange (going live Q1, 2011)
No doubt more to follow.