CALENDAR

CALENDAR

Calendar of Events FX Week 20/10/97

October 22 -- Waters' Internet Technology and the Financial Markets seminar; London. For further details, visit the Waters Web site at http://www.watersinfo.com.

October 27-28 -- Conference on the future of the global foreign exchange markets organized by IIR at The Waldorf Hotel; London.

October 31 -- Last day of trading for month-end currency options on Phlx.

November 5-7 -- Training course on effectively measuring and monitoring market risk organized by the

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