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Home > FENICS Exotics
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FENICS Exotics

FENICS Exotics provides customers with access to cutting edge math models within the familiar FENICS Professional pricing page.

FENICS Exotics is a powerful collection of models that can be used to price all major exotic instruments. FENICS Exotics pricing models are carefully tailored to work the way a market practitioner would expect to use them in the FX markets. Attention is paid to producing both an accurate price and also to producing a tradable bid/ask spread, that can be immediately quoted, without requiring manual intervention.

FENICS Exotics is now installed as part of the FENICS Client install giving immediate access to end users.

FENICS Exotics can be used to price the following options:

FENICS Exotics options

FENICS Exotics is powered by two methodologies, dVega and Monte Carlo.


  • DVega Model
  • FENICS Exotics, incorporates current market practice to provide the most accurate pricing and spreading of first generation digital and barrier options. The dVega model is GFI FENICS owned methodology.

  • Monte Carlo Model
  • In partnership with CSIRO (Australia’s Commonwealth Scientific and Industrial Research Organisation) GFI FENICS provides clients with state of the art exotic options pricing software embedded with cutting edge mathematical methods.
  • CSIRO’s novel risk calculation engines enable customers to better price and risk manage exotic options in real time, improving the risk profile of these options and making risk practices more robust.

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