Futures, Options Trading Rises 37%
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Not all trading has dried up in the securities markets.
Futures and options trading rose 37% to a record last year, led by contracts tied to stock indexes and interest rates, the Futures Industry Assn. said Thursday.
Futures and options trading at 56 exchanges rose to 6 billion contracts in 2002, from 4.38 billion in 2001, FIA said.
Trading in contracts tied to equity indexes accounted for most of the gain, rising 86% to 2.79 billion contracts.
Demand rose as investors sought to profit from or hedge against declines in stocks.
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