FX Options Traders Start Their Own Organization

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Foreign exchange options traders unite! The foreign exchange options section of the Derivative Product Traders Association has set up its own group, known as FX-D.P.T.A., which plans to host its first meeting next week.

Membership is open to all those interested in foreign exchange options, "meeting counterparties and knowing more about the business," says Daniel Glasner, head of the new options group and a foreign currency options trader at Swiss Bank Corp. in Basle.

"About 40 people are coming

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