ODD LOTS
ODD LOTS
Morgan Stanley Dean Witter reports principal transaction revenue from foreign exchange trading for the fiscal year 1998 was $587 million, a 17 per cent increase from $500 million in 1997. A statement in the firm's annual report notes that "the increase was primarily attributable to high levels of customer trading volume and volatility in the FX markets."
Liffe reports that 3,587,441 Euribor futures contracts traded during March, an increase of 34 per cent on the previous month's volume of 2,683
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