TFS ICAP to use DerivaTech for voice broking

Wednesday 24 April 2002 at 16:00

TFS-ICAP, the currency options broker, is to use DerivaTech, a specialist provider of derivatives and risk management systems, to provide pricing for voice-broked foreign exchange options trades on the TFS platform.

DerivaTech's over-the-counter (OTC) pricing system was the original product in DerivaTech's range of derivative applications, and now serves as the core of its integrated suite of enterprise pricing and risk management tools for foreign exchange options.