Euronext.liffe Launches FTSEurofirst Futures And Options With Ten Market Makers

Today Euronext.liffe launches futures and options on the new FTSEurofirst 80 and FTSEurofirst 100 indices. The futures and options contracts will be supported by 10 of Europe's premier market makers.

The market makers are:

• BNP Paribas
• Curvalue Group London Office
• Financial Market Engineering Ltd.
• The Kyte Group Ltd.
• Liquid Capital Markets Ltd.
• Mako Global Derivatives
• SG Options Europe
• Starmark Trading Ltd.
• TradeLink Worldwide Ltd.
• Transmarket Group Ltd.

The presence of these market makers will ensure that firm prices are available on LIFFE CONNECT® from the start of trading to provide liquidity in these four contracts.

Fraser Cowie, Director of Marketing at Euronext.liffe said, "The ten market makers we have in place for the FTSEurofirst futures and options shows the interest and need for these new contracts. With over half a million equity index derivatives already trading daily through LIFFE CONNECT®, this is an ideal centre of liquidity for trading the FTSEurofirst futures and options."

The FTSEurofirst Series is the new generation of tradable European indices designed by FTSE Group and Euronext after consultation with customers. The FTSEurofirst 80 represents the performance of the Eurozone and the FTSEurofirst 100 represents the performance of the Eurozone and the UK. The pan-European indices were launched on 29 April 2003.

FTSEurofirst 80 and 100 contract

Futures
	FTSEurofirst 80	FTSEurofirst 100
LIFFE TRS code	EFE	EFP
Trading Hours	09.00 to 20.00 (CET) - 08.00 to 19.00 (London time)
Last Trading Day	Third Friday of delivery month
Unit of Trading	€10 per Index point
Tick Size	1.0
Tick Value	€ 10

Options
	FTSEurofirst 80	FTSEurofirst 100
LIFFE TRS code	EFE	EFP
Trading Hours	09.00 to 17.30 (CET) - 08.00 to 16.30 (London time)
Last Trading Day	Third Friday of expiry month
Unit of Trading	€10 per Index point
Tick Size	0.1
Tick Value	€ 1