Goldman Sachs launches new Redi FX platform

Redi FX is part of the bank's multi-product execution platform, RediPlus, but requires users to be set up with separate entitlements to have access to the FX portion of the system.

The platform, soft-launched in September, enables trading in vanilla options, risk reversals, call spreads, put spreads, strangles and straddles.

Redi FX offers a 'heat indicator' feature - currency bid-ask spreads are each displayed with a colour background that subtly changes shade according to the volumes traded in

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