In a move that will put the exchange in direct competition
with Chicago Mercantile Exchange (CME), Euronext Liffe has
announced plans to introduce Eurodollar contracts to its Liffe
Connect platform. Liffe is currently in the process of
recruiting market makers for the new product, which it expects
to launch on 18 March.
Liffe said a US listing on the products could follow, using
its wholly owned subsidiary NQLX. Subject to regulatory
approval, such a move would mark a much-anticipated
diversification away from the stock futures market, NQLX's
share of which has dropped to below 15%.
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