Finex Set To Double Size Of U.S. Dollar Index Futures

EXCHANGES

Finex will double the size of its U.S. Dollar Index Futures contract when it lists the September 1992 contract this fall. The move, which will also effectively double the size of its U.S. Dollar Index options contract, reflects the exchange's efforts to appeal to its institutional customers.

"The CTA community has some $20 billion under management and they all want bigger and bigger contracts," says Richard Jaycobs, managing director at the New York-based exchange. Other U.S. exchange have al