BNY Mellon Complements Foreign Exchange Offering, Launches FX Options

[kreslik.news]

BNY Mellon‏ ‏has ventured into the FX options space by offering a new ‎product that compliments its foreign exchange offering and allows clients to include the asset class as an indispensable part of their portfolio of trading products.

FX options is just one of a number of new services BNY Mellon Markets is introducing ‎to enable its clients to more efficiently access global currency markets. The comprehensive FX suite leverages the bank’s existing pool of liquidity, collateral and funding ‎capabilities and opens it up to its global client base.‎

Market participants trade FX options to more precisely manage currency risk ... (read more)