Ericsson joins buyside users of SD-FX

Swedish telecommunications giant Ericsson has joined the rapidly growing list of corporations that license SD-FX, the currency option markets benchmark pricing system from SuperDerivatives.

First Published by e-Forex News: January, 2005

Swedish telecommunications giant Ericsson has joined the rapidly growing list of corporations that license SD-FX, the currency option markets benchmark pricing system from SuperDerivatives. We are continuing to see very good demand for our products from the buy side, says Daniel Kadim, Sales Director of SuperDerivatives.<br>
We are especially pleased that Ericsson has decided to use SD-FX, because the company has such a good reputation in the foreign exchange (FX) market. Its treasury department is regarded as being one of the most advanced in the corporate sector, he adds. More and more buyside institutions are realizing the importance of having ready access to independent and accurate market prices for all options in all currency pairs. We have added many tools to SD-FX that specifically help the corporate sector in their hedging needs and management of the revaluation process, says Kadim.