CALENDAR

CALENDAR

Calendar of Events FX Week 7/7/97

July 9-11

-- Training course on effectively measuring and monitoring market risk organized by the International Faculty of Finance at the Holiday Inn Mayfair; London.

July 11

-- Last day of trading for mid-month options on Phlx.

July 13-17

-- ACI Australia holds spot simulation course at the Fairmont Resort Leura, Blue Mountains; Australia.

July 15

-- Last day of trading for three-month Pibor options on Matif.

July 17

-- Last day of trading for week-two currency

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