Jeffery Larsen is CEO of ICor Brokerage Inc.
Jeffery Larsen is CEO of ICor Brokerage Inc.

Trading FX Options on-line. Here to stay?

Jeff Larsen notes that many in the past have maintained that FX Options were too complicated to move online. However the growing success of a number of electronic trading platforms goes against the face of past resistance towards market acceptance.

The introduction of the latest advances in trading technology to the market invariably ushers in fresh debate over which products will move on-line and which products won’t. And with equal consistency, financial trade professionals divide themselves between those who believe electronic trade technology can be applied everywhere - and the skeptics who don’t.Over 20 years ago the Chicago commodity exchanges prospered with traders buying and selling commodities with one another in a decidedly non high-tech manner. The traders stood in pits waving their hands signifying “what”, “how much” and “at what price” to buy or sell with each other. A board boy would then write the traded prices on a chalkboard for all to see. Yes. A board boy!Years later, when there were discussions that these markets were “ready to move on-line”, floor traders offered all kinds of arguments...continued

Exclusive Content

The full article is only available to current subscribers. Click here to sign in or subscribe by clicking here