American Express Bank reports a nearly 10 per cent year-over-year increase in FX income for 1995, to $79 million from $72 million. Amex earned $19 million from FX during the fourth quarter, a 15 per cent increase from the $16 million reported for the same period a year ago.

The Philadelphia Stock Exchange (Phlx) reports a new volume level reached in its customised United Currency Options Market (Ucom). On January 18, 62,320 contracts changed hands, representing over $2.6 billion in

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