The Challenge
A global Inter Dealer Broker is building a modern FX trading capability focused on exotic options, aiming to electronify its sales and trading workflows. The objective is to move from fragmented, semi-manual processes to a fully integrated, scalable trading platform.
The FX Exotic Options desk operated across multiple disconnected systems, limiting efficiency, transparency, and scalability.
Key challenges included:
• Fragmented workflow across pricing, execution, and risk systems
• Heavy reliance on legacy tools (e.g. SuperDerivatives)
• Limited ability to generate, simulate, and share trade ideas
• Lack of real-time risk visibility and portfolio analytics
• No unified client interaction and execution environment
Our Approach
RocketFin was engaged to design and deliver an end-to-end FX Options trading platform. The objectives were to:
• Enable trade idea generation and simulation for vanilla and exotic FX options
• Provide seamless client collaboration and one-click execution
• Build a risk pricing and analytics platform
• Build a scalable, modular architecture supporting future growth
• Introduce AI-assisted workflows for trading and analytics
• Unify pricing, execution, risk, and reporting into a single platform
Delivered a working prototype demonstrating core capabilities:
• Integration of market data (Spot, Forward curves, Volatility surfaces
• Real-time pricing of FX forwards and options
• Advanced visual pricing UI
• Pre-trade analytics (delta screening, time-to-expiry simulation, market shock overlays)
• Portfolio and book representation with migration from legacy systems
• Context sharing and execution integration into a market aggregator
The Outcome
The broker completed the transition with zero trading downtime. Both offices now operate from a unified system, broker-to-client communication is logged and searchable, and regulatory reports are generated automatically at point of execution.