Euronext Liffe is set to cut 40 staff in London following
the migration of Dutch derivative products to the Liffe Connect
platform on 29 November. The redundancies, which come amongst
IT staff and represent around 8% of the exchange's London
workforce, will result in a one-off cost of E4.4m ($5.8m),
according to parent company Euronext.
The number of redundancies was confirmed by a Liffe
spokesperson and is around half the figure reported
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