Kace, a subsidiary of BGC’s Fenics Software, has launched an order management system (OMS) for the foreign exchange options market, enabling regional banks to obtain liquidity from multiple banks through a single platform.

OMS will enable small and medium-sized banks to connect with 16 liquidity providers (LPs) and major multidealer platforms through a single application programming interface (API) and access their liquidity.

This will allow regional banks to white label liquidity

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