London Fox Follows The Irish On The Trail Of ICCH's ATS/2

THIS WEEK'S LEAD STORIES

The London Futures & Options Exchange (FOX) went live last week with International Commodities Clearing House Ltd.'s Automated Trading System/2 for its No. 5 white sugar futures contract. The exchange is the second to install ATS/2, following close in the footsteps of the Irish Futures & Options Exchange, which began trading three instruments on the system late last month (TST, June 5, 1989).

The London FOX system initially will support trading only in white sugar. But the exchange plans to add

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