FX Options Platforms


FX week has a story here about Multi bank FX Options platform SurfaceExchange in acquisition talks with potential suitors.

FX options, fall under the Dodd Frank SEF mandate, andSurfaceExchange and other options platforms have been designed to be compliant with the emerging regulatory requirements.

According to the latest Bank of England FX survey data, FX options account for $102bln/day (about 5.3% of total vol).

Rising market share:
Customer Direct:
up from 37% to 39%
Voice: up from 14% to 17%
eBroking: up from 9% to 11%
MDP: up from 0.5% to 3.4%

Falling Market Share:
Interdealer Direct:
down from 32% to 26%
SDP: down from 7.5% to 3.85%

FX Options

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