Euronext.life: Eurodollar Open Interest Hits 100,000 Mark

Euronext.liffe announced that Eurodollar futures and options on LIFFE CONNECT® reached record open interest of over 100,000 contracts on 9 August 2004.

Hugh Freedberg, Chief Executive of Euronext.liffe said: “Open interest in LIFFE’s Eurodollar has seen continued growth and reaching the 100,000 mark in such a short time shows ongoing support and confidence from our customers. Trading the Eurodollar on LIFFE CONNECT® offers our customers the benefit of fast, efficient, functionally-rich trading with equal access to all participants and the operational, capital and margin efficiencies of clearing through LCH.Clearnet.”

Euronext.liffe’s Eurodollar future traded 336,560 contracts in July representing an average daily volume of 15,298.