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Euronext.liffe: Eurodollar Trades Record Daily Volume Of 60,500 Contracts Shattering Previous Record By 40%

Date 07/10/2004

Yesterday (Wednesday 6 October) Euronext.liffe’s Three Month Eurodollar futures, traded on LIFFE CONNECT®, set a new daily volume record of 60,500 contracts eclipsing the previous record of 43,100 set on 22 September by 40%.

Hugh Freedberg, Chief Executive of Euronext.liffe said: “Building on the continued growth trend, yesterday’s market featured participation from a wide range of US and European based customers and representing 9% of the total electronic Eurodollar market.”

Euronext.liffe’s Eurodollar market provides global customers with the benefits of high levels of liquidity, cost-efficiency, superior functionality and equality of access. To further highlight the sophisticated strategy trading functionality of LIFFE CONNECT®, Euronext.liffe has introduced a strategy fee holiday for the Eurodollar Futures Contract which will run for six months until 31 March 2005.