CALENDAR

CALENDAR

Calendar of Events FX Week 15/12/97

December 15 -- Last day of trading for three-month Pibor options on Matif.

December 18 -- Last day of trading for week-two currency options on Matif.

December 26 -- Last day of trading for month-end currency options on Phlx.

1998

January 16 -- Last day of trading for mid-month options on Phlx.

January 30 -- Last day of trading for month-end options on Phlx.

February 11-14 -- ACI Emerging Markets conference: "Emerging Markets Towards 2000 and Beyond", organized by

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