Dutch bond futures revival delayed - EOE .
AMSTERDAM 1996-08-30
A broad attempt to spur activity in Dutch bond futures has been delayed to give participants a chance to become familiar with the trading system , the European Options Exchange ( EOE ) said on Friday .
Market-making in the rarely-traded FTO contract was expected to begin today , but an EOE spokesman said the 10 banks and brokers involved in the initiative needed time to get accustomed to changes in the electronic trading system .
" It 's not ready yet .
We found it wise to take some time between the commitment to start and the actual start , " EOE spokesman Lex van Drooge told Reuters .
He said no date had been fixed yet for the start of price making in the 10-year contract , but the EOE had agreed to speak again to the participants in one to two weeks .
Investors in Dutch bonds currently use German bond futures to hedge their portfolios because the FTO contract is so illiquid .
A limited attempt to reinvigorate the contract two years ago failed .
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