FX Week

Volume On Matif FX Options On The Rise, Say Officials

EXCHANGE

Officials and market-makers on the Marché à Terme International de France (Matif), the French futures market, say that in the past fortnight volume on the exchange's two currency options contracts has recovered after a nearly three-month slowdown.

According to Kevin Carroll, executive director of foreign exchange trading at SBS Dérivés, a subsidiary of Swiss Bank Corp., average daily volume on the dollar/ French franc contract, particularly, has risen from about 450 contracts per day to abou

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