Finex Plans Large Lot Facility In Response To MFA's Proposal

EXCHANGES

The Managed Futures Association's (MFA) trading and market committee put a large lot trading facility on its wish list and Finex is moving as fast as it can to oblige. The exchange is currently working out the details to establish a mechanism to facilitate large lot trading in its currency products, officials there confirm.

"The specifics are somewhat unclear, but the theory is: where futures markets used to rely solely on price, quantity will now have a role," says Finex managing director

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