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Euronext.liffe Announces A Further 25 Universal Stock Futures

Date 23/09/2003

Euronext.liffe has announced that it will list a further 25 Universal Stock Futures from Monday 27 October 2003.

The additional 25 contracts now give Euronext.liffe 100% coverage on the FTSEurofirst 80 Index.

Fraser Cowie, Euronext.liffe's Executive Director of Marketing said, "We continue to deliver on our vision to provide our customers with a seamless cross-border equity derivatives market.

Universal Stock Futures are now available on the most liquid stocks of 11 European countries. This increases their appeal to users who are looking for simple and efficient trading through one single entry point. At the same time Universal Stock Futures offer the benefits of being cleared by one single clearing house and of being regulated by one rule book, making them cheaper and easier to trade."

This latest tranche of stocks consist of blue chip companies, adding to the 115 existing stocks currently listed on the world's most advanced trading system, LIFFE CONNECT®.

Year-to-date USFs have traded a record 5.05 million contracts, up 86% on the same period in 2002. Year to date (January to August) saw an increase in all USFs

  • German USF's have grown by 146%,
  • French USFs have grown 136%
  • Dutch USFs have grown 817%
  • Swiss USFs have grown 340%
  • British USFs have grown 73%
From Monday 20 October a total of 140 Universal Stock Futures will be available, the greatest number and broadest range of international single stock futures on any exchange in the world. The advantage of USFs is that they are cleared and settled through a single clearing system and traded under a single regulatory regime.