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Wednesday, October 11, 2006

FX OPTIONS: EUR/JPY Strikes Noted At 150.00 And 150.25

EUR/JPY strikes are noted at 150.00 and 150.25 for the NY cut. These strikes are both plain vanilla and have restricted price action since the Asian session. The 150.25 interest reportedly traded in the O/N contract yesterday at 7.0% in EUR 150 million according to sources.

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