PHILADELPHIA SEES CURRENCY OPTIONS TRADE IN ASIA
The Philadelphia Stock Exchange will soon
open offices in Hong Kong and Tokyo to help boost Far Eastern
participation in foreign currency options before it starts
evening trading in four or five months time, exchange president
Nicholas Giordano told reporters.
    Japanese institutions are already major players in foreign
currency options traded in Philadelphia, using subsidiaries or
agents to trade during the current daytime session.
 REUTER
