LOOSE CHANGE
LOOSE CHANGE
CLS Services announced that two Norwegian banks are expected to begin live netting operations shortly. Additionally, the group says it has begun netting trades in the Spanish peseta, Portuguese escudo and the Ecu. The Canadian dollar is also being prepped for launch, say officials. CLS currently has a total of 46 banks live and using the network, with a further 89 nominated to begin netting.
Liffe has launched one year mid-curve options on the following money market futures contracts: three
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