London FOX, Tokyo Grain Market Plan To Link Electronically

THIS WEEK'S LEAD STORIES

The London Futures and Options Exchange (LFOX) and the Tokyo Grain Exchange (TGE) have agreed to link their respective electronic futures-trading systems in a move that will allow for futures contracts listed on one exchange to be traded from terminals on the other.

The race is now on against the Chicago Mercantile Exchange's Globex joint venture with the Chicago Board of Trade, the Marche a Terme International de France and Reuters Holdings PLC, to decide which group will launch the first

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