Industry Prepares
CHICAGO - The February 12 deadline for the introduction of the new options symbology in the US, the options symbology initiative (OSI), is fast approaching, but market participants say the conversion appears to be going better than initially expected.
New York-based Alan Paris, executive director in the financial services office of Ernst & Young, says clients are all prepared and the tests have gone well. "It turned out it really wasn't an end-of-the-world scenario," he says.
In fact, there have
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