Phlx Enhances Product Offerings In Ucom And Standardised Options
EXCHANGES
The Philadelphia Stock Exchange (Phlx) is making a large number of improvements to its product offerings, officials say. Many of the "adjustments" are part of the series of steps outlined by the exchange when it launched its customised United Currency Options Market (Ucom) six months ago (FXW, November 14).
Through April, $4.6 billion in underlying value has traded through Ucom (the exchange's listed alternative to the interbank market) since January. April was a particularly strong month, when
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