Reuters Slashes Options Brokerage Fees

FX TRADING TECHNOLOGIES

LONDON—Reuters' decision to revamp its FX-options matching system has increased competition for e-broking of options and offers the prospect of slashed brokerage fees.

The system experienced its busiest month to date in November, a month after adding the capability for emerging market options trading, Reuters officials told DWT's sibling publication FX Week. The brokerage fees, which are half of what are charged on voice-brokered options, will challenge other brokers in the market as banks look

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