Top Banks sign up to GFIs Revaluation Fixings

GFI, the broker, market data and analytical software provider announced that JP Morgan Chase, Bank of America, Deutsche Bank and Bank of Montreal have signed up to receive GFIs FX Option Revaluation Fixings, the companys initiative to help risk managers control risk exposure in currency options markets.

First Published by e-Forex News: January, 2004

GFI, the broker, market data and analytical software provider announced that JP Morgan Chase, Bank of America, Deutsche Bank and Bank of Montreal have signed up to receive GFIs FX Option Revaluation Fixings, the companys initiative to help risk managers control risk exposure in currency options markets. GFI provides risk managers in banks, other financial institutions and buyside firms with hard-to-find, independent, real time and historical market data, enabling them to accurately and independently revalue their FX derivative portfolios to comply with new accounting standards.
GFI sets daily, at 10am EST implied volatility surfaces for over-the-counter FX options for 31 of the most frequently traded currency pairs. The data will reflect actual, traded, inter-bank prices live with GFI, supplemented with quotes from the companys brokers.