Euronext.liffe is the new name for the former London International Financial Futures Exchange (LIFFE, pronounced “life”). The exchange trades solely derivatives, in particular , and , from the in Amsterdam, Brussels, Lisbon, London and Paris.
The exchange is the biggest in Europe and the second largest globally in terms of the value of trades.
LIFFE did not implement electronic trading, through its LIFFE Connect platform, until 10 years after the so-called Big Bang that saw almost all international exchanges switch to electronic platforms. It lost much trade as a result, making the eventual takeover by EuronextThe Euronext is a major European stock market that was for... More in 2002 almost inevitable. In September 2012 Euronext.liffeEuronext.liffe is the new name for the former London Interna... More began migrating all its trading products to the new Universal Trading Platform (UTP), with the process due for completion in November 2012.
Trading hours are generally 0900 to 1730 CET, Monday to Friday, although some open and close at different times.
Trading on Euronext.liffe
Euronext.liffe offers trading in a wide range of derivative , including futures, options, , swaps, , and commodities. It also provides services for traders.
Traders can enter contracts of various maturity, from a day, a week, to up to three months or even longer.
Indices
FuturesA future is a contract between two parties to purchase a ... More and options contracts for equities are offered for the following major European indices: the AEXThe AEX is a benchmark equities index of Euronext Amste... More, BEL 20, PSI20, FTSE 100The FTSE 100 is a stock index of the 100 largest companies... More and CAC 40The Cotation Assistée en Continu (CAC 40) is an index that ... More. Minor indices include the FTSEurofirst, FTSE 250 and the FTSE EPRA/NAREIT. Since Spring 2012, futures and options for the Dutch mid-cap AMX index can also be traded.
Financial data
In 2011, 150 million index futures and options were traded on Euronext.liffe. Daily trade across all products amounts to around $2,900 billion and represent approximately 35% of Euronext’s revenue and more than 40% of its operating income. The exchange is currently growing by around 13% a year.
Further information
Euronext’s web pages for Euronext.liffe.
