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BRIEFLY

The U.S. approved agricultural futures trading.

January 08, 1987

The Commodity Futures Trading Commission has approved trading in options on gold, silver, lumber and other certain non-farm physical commodities by a 4 to 0 vote, as well as permanent trading in options on agricultural futures contracts. The commission's vote culminates a three-year pilot program in which the panel progressively reopened trading in options on both farm and non-farm futures contracts.

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