Digital Vega FX is a multi bank FX Options ECN enabling buy-side clients to trade vanilla FX Options with a their chosen banks.

DV1 is a standalone business set up to provide FX Options ecommerce solutions to individual banks.

The DV1 solution is based on a modified version of the Digital Vega Medusa system.

The DV1 solution will provide web-based volatility distribution, pricing and trade execution capabilities.

The system comes with published APIs to facilitate the integration with banks pricing, trading and ecommerce systems.

The system is to be launched during Q3 2009.

DV1 is a Worldflow investment built on Worldflow technology.