CALENDAR

CALENDAR

Calendar of Events FX Week 5/5/97

May 6

-- Last day of trading for week-two currency options on Matif.

May 9

-- Last day of trading for month-end currency options on Finex.

May 13

-- Demonstration of risk management and back office systems by Risk Management and Back Office Hewlett-Packard and its partners; London.

May 20

-- Last day of trading for three-month Pibor options on Matif.

May 20-21

-- Conference on operational and settlement practicalities of the introduction of the euro organized by IIR

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