LOOSE CHANGE

LOOSE CHANGE

Chicago Mercantile Exchange officials are now talking a November start date for Globex, its electronic futures matching system, providing all tests go smoothly. Given the results of tests conducted earlier this year (FX Week, March 1), a 1992 launch seems more likely.

Meanwhile, the CME received final regulatory blessings from the Commodity Futures Trading Commission to trade its cross rate products just in time to meet its scheduled launch, Wednesday, May 29. The exchange also named three

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