FX Markets

ODD LOTS

ODD LOTS

 Den norske Bank reports net gains on FX and interest rate instruments of NOK63 million ($8.5 million) in the third quarter. The bank says that turbulence in the financial markets increased customers' hedging requirements and caused a rise in demand for FX and interest rate agreements. Net gains on FX and financial transactions totalled NOK128 million ($17.3 million) for the period, off from the NOK234 million ($33.1 million) earned for the same period last year.

 The Chicago Mercantile Exchange

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