Exchange closer to electronic trading platform decision
New York Board of Trade (Nybot) has announced plans to
launch Euro currency index futures and options on 13 January to
complement its existing US dollar index products.
Nybot VP Anthony Scamardella, who was heading up the launch,
told FO Week that, while financial contracts are a
relatively small percentage of overall volume at Nybot, the
exchange has been in the currency market for a long time and
has seen potential for growth.
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