Multi-product swap shop?
Readers following developments between Euronext Liffe and
Chicago Board of Trade may be interested to know that Liffe's
head of interest-rate products Amanda Sudworth was in Chicago
last week. Products that come under Sudworth's remit include
swap futures, tipped by many to be an obvious area for product
development, CBoT having the bulk of liquidity in dollar swap
futures and Liffe maintaining it has the best contract design.
Of course, the visit may have nothing to do with product
development - after all, the sub-zero temperatures and biting
winds make Chicago in February a natural holiday
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