LOOSE CHANGE

LOOSE CHANGE

Globex's contract volume breached the 1 million mark just two weeks before its first anniversary. The electronic trading system for futures and options was launched June 25, first with several Chicago Mercantile Exchange currency contracts and Chicago Board of Trade treasury notes, and in July, started carrying interest-rate products. On June 14, Globex broke its previous one-day volume record of 23,185, trading 23,487 futures and options overnight.

Meff, the Barcelona-based Spanish financial

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