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Currenex Inc.


Currenex Inc. has added currency option trading from GFInet's FEN ICS (1) (Internet Connection Sharing) A Windows feature that enables two or more computers to share one Internet connection. First introduced in Windows 98 Second Edition, sharing is accomplished with network address translation (NAT), which is the common method.  product, a move that Currenex says will "deepen its market information, research and analytics by making available to its members FENICS' FX option price analysis and data." Currenex subscribers can also sub scribe scribe (skrīb), Jewish scholar and teacher (called in Hebrew, Soferim) of law as based upon the Old Testament and accumulated traditions. The work of the scribes laid the basis for the Oral Law, as distinct from the Written Law of the Torah.  to premium FENICS services, including the ability to price exotic options Exotic Option

Any non-standard option.

Notes:
This is the opposite of a plain vanilla option.
See also: Barrier Option, Down-and-In Option, Down-and-Out Option, Equity-Linked Foreign Exchange Option - ELF-X, Option, Quanto Option, Vanilla Option


 and use third-party mathematical models
Note: The term model has a different meaning in model theory, a branch of mathematical logic. An artifact which is used to illustrate a mathematical idea is also called a mathematical model and this usage is the reverse of the sense explained below.
, as well as near-time volatility, spot and forward price feeds. The company planned to make the capabilities available to Fxtrades members during the second quarter.

Currenex claims to operate the first online currency exchange open to institutional buyers and sellers worldwide. Fxtrades, an Internet service, is a foreign exchange marketplace whose members include MasterCard, Royal Dutch/ Shell Group, Intel Corp. and at least 35 major banks.
COPYRIGHT 2001 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 1, 2001
Words:126
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