Twin Cities Exchange Eyes June Start for Pound/Mark
EXCHANGES
It looks like the Twin Cities Board of Trade (TCBT) is going to be the first exchange to get approval to trade cross currency products after all. Its pound/Deutsche mark futures contract, submitted for approval last May, is coming up before the Commodity Futures Trading Commission (CFTC) February 26 and sources familiar with the process say that approval is likely.
But trading is not expected to start until early June, according to Sean O'Toole, president of the exchange. "The anticipated start
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