Pricing Engine

There are a few possible configurations for a pricing engine:

• You have a pricing engine which will return the price for the requested option. You will take care of sending the request to a trader
• You have a pricing engine that will return a price and a status, but if it is not tradable then eFXO will alert the trader for manual pricing
• You have a pricing engine that will return a price. eFXO will use the auto trading rules to determine if the price is tradable and alert the trader in case it is not tradable. This is the configuration we suggest if you use Murex as your pricing system
• You have a vol curve and defined events which will feed into eFXO. This data is used to get the volatility (you can plug in your own smile function)
• You have a vol curve, but events are maintained in eFXO
• You use eFXO as the source system for your vol curve (which can export to Murex and other systems)