New forex capabilities unveiled by ISE, FX Solutions

Two providers of trading services – US options exchange International Securities Exchange (ISE) and US-based online market-maker FX Solutions – have extended their foreign exchange offerings.
By None

Two providers of trading services – US options exchange International Securities Exchange (ISE) and US-based online market-maker FX Solutions – have extended their foreign exchange offerings.

ISE has expanded its suite of FX options with the launch of three new currency pairs: US dollar/New Zealand dollar; US dollar/Mexican peso; and US dollar/Swedish krona. Timber Hill is the primary market-maker for the new pairs.

“The expansion of our FX options product offering reflects an increasing demand from investors to trade their views on the strength or weakness of the US dollar in an exchange-listed environment,” said Kris Monaco, ISE’s director of new product development, in a statement. The ISE already allows clients to trade FX options on six US dollar pairs, including euro, sterling, yen, Canadian dollar, Australian dollar and Swiss franc.

FX Solutions has opened a UK division, which will initially offer FX, contract for difference and spot metal trading for retail customers. FX Solutions UK will only offer FX and spot metal trading services to US and Canadian customers due to regulatory restrictions.

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