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PIPS

CMC Launches FX Options

Currency Management Corporation, the UK firm that offers internet-based FX trading, is expanding its service to include options in the dollar, yen, Swiss franc and euro markets. Customers will be able to trade options by clicking on the CMC option strike and premium prices quoted on screen. The company will not charge a commission, but will make its money on the spread and the premium income. The launch follows a successful four month trial among CMC's existing clientbase

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