Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

FTSEurofirst Trades Record Volumes

Date 02/09/2003

Euronext.liffe's FTSEurofirst index futures set a new daily record of 8,260 contracts on Monday 1 September. The FTSEurofirst 80 traded 3,244 contracts and the FTSEurofirst 100, traded 5,016 contracts. The contracts were launched on Monday 23 June 2003.

Monday's (1 September 2003) volume in the FTSEurofirst 100 index futures contract was over double that traded in the DJ Stoxx 50 that day.

FTSEurofirst derivatives also traded a record week, in the week commencing 25 August 2003. A total of more than 30,000 contracts were traded representing an increase of over 90% on the previous highest week's total of 16,000 contracts. Since the launch ten weeks ago the contracts have traded over 140,000 contracts.

Fraser Cowie, Director of Marketing at Euronext.liffe said: "The FTSEurofirst indices have been designed with our customers to provide a product which meets today's changing trading needs. We have seen a very encouraging growth in volumes since launch and very tight spreads of 1 and 2 ticks. The growing volumes in the FTSEurofirst are now attracting the attention of more and more users of Euro index products."