LOOSE CHANGE
LOOSE CHANGE
Matif began trading its interest rate contracts on the new NSC-VF electronic system (Nouveau Systeme de Cotation--Version Future) last week, replacing the Globex system developed by Reuters. The contracts are now traded off-hours from 4:30 p.m. to 10:00 p.m. (Paris time). Also last week, the exchange began operating a dual system involving both electronic trading and open outcry. Futures contracts will be traded on-screen with NSC-VF from 7:00 a.m. to 10:00 p.m. (Paris time) and by open outcry
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