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Euronext.liffe To Launch Further Universal Stock Futures And Stock Options On Bclear From 22 May 2006

Date 18/05/2006

Euronext.liffe, the international derivatives business of Euronext, today announced the launch of a further 52 Universal Stock Futures (USFs) and 35 single stock option contracts on Bclear, its on-exchange administration and clearing service for wholesale equity derivatives, on Monday 22 May 2006.

Since the launch of Bclear on 24 October 2005 we have seen a dramatic take-up of this service, including a significant amount of business coming from hedge funds. To date over 23 million contracts have been registered.

The additional 52 USFs and 35 single stock options have been requested by existing customers of the service and bring the total number of contracts on Bclear to over 350. With futures and options on stocks from 16 European countries, Bclear provides unrivalled coverage coupled with the combination of on-exchange benefits and off-exchange flexibility.

Paul Dex, Global Head of Sales & Marketing, SEB Futures said: “The addition of new single stock futures and options contracts on Bclear provides our clients with greater investment opportunities through significant cost savings".

Bclear is the only platform to offer customers both ‘standard’ and ‘flexible’ futures and options on 350 underlying European blue-chip companies, allowing customers to execute their business on a single platform at a much lower cost.