FIVE YEARS AGO IN FXW

FIVE YEARS AGO IN FXW

Finex Europe Opens Dublin Trading Floor

Finex has become the first exchange with open outcry trading floors on two continents, but the jury is still out on whether the New York financial futures exchange's Irish satellite venture, launched in Dublin on June 17, will succeed.

FXW, June 27, 1994

Editor's note: First-day volume on the exchange of 8,800 contracts was described as "spectacular" by market sources. However, average daily volume during 1994 levelled out around 3,000 currency contracts