“We are working to generate sufficient liquidity on the platform during the summer, with the intention of having six major liquidity providers before opening up the platform to a wider network,” Collins tells EuromoneyFXNews. SDX already has several thousand customers, that use its derivatives pricing tools, as a potential customer base stretched across the buyside and sell side, including top-tier and second-tier banks.
SuperDerivatives formed a joint venture with retail FX broker, FXCM, late last year to set up the trading platform. It is currently in its beta test phase. Collins says that the SD-FXCM offering will differ from other option trading platforms that have emerged since the Dodd-Frank Act....
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