TP ICAP’s Parameta Launches FX Evaluated Pricing Solution

Parameta Solutions, interdealer broker TP ICAP’s data and analytics business unit, has launched a new evaluated pricing solution that aims to deliver transparent and observable prices for foreign exchange derivatives securities globally, using a proprietary data model to give frequent and transparent indications. The FX Evaluated Pricing (FEP) service, which provides coverage for G10 and emerging market currency pairs and includes FX Forward instruments as well as FX volatility surfaces, aims to enable price discovery, valuation of portfolios and the meeting of regulatory reporting requirements. The launch follows the launch of TP ICAP’s Bond Evaluated Pricing in June 2020.