LIFFE

It is the international derivatives business of Euronext and comprises of the Amsterdam, Brussels, LIFFE , Lisbon and Paris derivatives markets. LIFFE (Holdings) plc, a wholly owned subsidiary of Euronext NV will become the sole owner of NQLX.

Euronext.liffe is the world’s second largest derivatives exchange, by value of the contracts traded every day. It is one of the world’s leading exchanges for euro short-term interest rate derivatives and equity options. It also offers a greater choice of derivatives products than any other exchange. It offers futures and options on short- and long-term interest rate products, on equities, indices, government bonds and commodities . LIFFE provides futures and options contracts across six different currencies and across four product lines; bonds, short term interest rates, equity indices and individual stocks, and commodities.

Current Events

London International Financial Futures and Options Exchange is one of the world’s most widely accessible electronic trading platforms. It is making the derivatives market available to customers of over 550 locations in 26 countries worldwide.

In spring 2003, it migrated the market of Brussels and Paris market and will continue further with the transfer of the Amsterdam and Lisbon markets. This will result in the replacement of multiple trading venues with a single market supported by a state-of-the-art electronic trading system. It will also reduce costs for both Euronext.liffe itself and its customers. It will encourage cross-border trading as because of the electronic system it will become easier and cheaper.