The LSE Group said Curve's launch went smoothly on Monday morning
The London Stock Exchange said some orders
had traded on CurveGlobal and cleared through LCH in the hours
after the new European interest rate futures platform went live
on Monday morning, marking the LSE’s latest bid to
grow its futures trading business.
A spokesman for the LSE said: "We have
launched today with active market maker support, live prices
that compare favourably in terms of tightness with competing
products and that trades are executing and clearing
successfully to LCH."
The launch draws a line under a three year
effort to launch the new market and take the LSE into
competition with the largest European futures markets, the
Intercontinental Exchange’s ICE Futures Europe and
Deutsche Boerse’s Eurex.
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