Calyon Financial has closed its Eurodollar floor operation
at Singapore Exchange (SGX), putting another nail in the
Singapore open outcry Eurodollar market's coffin.
While Calyon executives declined to comment, an SGX Local
told FO Week, "The Eurodollar pit is practically empty... there
are fewer than ten Locals in the pit nowadays. Volumes
which used to be 70,000 lots daily are now down to less than
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