Capitalab, part of BGC Partners, has extended the compression service it operates to FX options as well as interest rate caps and floors.
Since June, Capitalab has executed five compression runs in US dollar/Japanese yen and euro/US dollar, with five and seven major dealers taking part, respectively. Meanwhile, Capitalab's last three interest rate options compression runs have allowed participants to include caps and floors — options on Libor and Euribor
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