Chicago Mercantile Exchange (CME) last week announced
further developments in electronic Eurodollar trading -
introducing options to the Globex platform - as competition
finally got underway with the launch of Euronext Liffe's
Liffe's launch, on 18 March, saw 13,720 futures and 206
options traded by the close. A spokesperson for the exchange
was bullish, claiming that the new products had seen "tight
spreads throughout the day."
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