LOOSE CHANGE
LOOSE CHANGE
The derivatives industry is overwhelmingly in favour of the UK joining the European Monetary Union, but may not be ready for the changes that a single currency will bring, according to a survey by the Futures & Options Association, working with Price Waterhouse. The survey covered 110 organizations including banks, brokerage houses, exchanges and end users. On EMU, 49 per cent of respondents believe that if the UK joins as one of the fast track group of countries, there will be a positive
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