New York Cotton Exchange Futures and Futures Option Contracts Based on Five Currency Cross-Rates: French Franc/Deutsche Mark, et al.

Özet

The New York Cotton Exchange (NYCE or Exchange) has applied for designation as a contract market in currency cross-rate futures and futures option contracts based on each of the following five currency crosses: French franc/Deutsche mark; Swedish krona/Deutsche mark; Italian lira/Deutsche mark; Japanese yen/Deutsche mark; and Deutsche mark/British pound. The Acting Director of the Division of Economic Analysis (Division) of the Commission, acting pursuant to the authority delegated by Commission Regulation 140.96, has determined that publication of the proposals for comment is in the public interest, will assist the Commission in considering the views of interested persons, and is consistent with the purposes of the Commodity Exchange Act.