PHLX Plans To Reduce Mark/Yen Eyes Further Refinements, PBOT
EXCHANGES
The Philadelphia Stock Exchange (PHLX) plans to dramatically reduce the size of its Deutsche mark/yen cross rate options contract, officials there say. The move is just one of a number of refinements the exchange has up its sleeve to boost volume in its currency products. It also plans to revive its napping night trading session and its moribund futures division: the Philadelphia Board of Trade (PBOT).
The first alteration, which is likely to take effect in about two months following board
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