FIVE YEARS AGO IN FXW

FIVE YEARS AGO IN FXW

Phlx Unveils Customized Options Market

The Philadelphia Stock Exchange (Phlx) last week unveiled what officials called its "revolutionary" United Currency Options Market (Ucom), which allows participants to customize currency options transactions under the safety net of the Options Clearing Corporation (OCC). Phlx officials contend this new "market" marries the best attributes of the listed market with those of the over-the-counter marketplace.

FXW

, May 16, 1994

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