Background

The OTC FX options market has remained something of a niche element of the global foreign exchange market. Due to much greater levels of product complexity and technological support requirements, the FX option market has remained stubbornly manual and voice based. More recently however, major regulatory change and a much greater focus on efficiency and cost reduction has driven many market participants to explore electronification and automation of the trade lifecycle.

Since 2011, Digital Vega has always been at the forefront of this migration and continues to work closely with clients and providers to develop unique new products and solutions.