This latest tranche, includes two new countries, with contracts based on two Danish stocks, one Norwegian stock and a further Spanish stock. From 10 May LIFFE will list 122 Universal Stock Futures contracts based on blue chip stocks from 14 countries, listed in seven currencies. These will be traded on one electronic trading platform, LIFFE CONNECT™, cleared and settled through a single clearing system and traded under a single regulatory regime.
The latest additions to LIFFE's Universal Stock Futures range are:
| Country | Company | Sector |
|---|---|---|
| Denmark | Novo Nordisk | Pharmaceuticals |
| Denmark | Den Danske | Banks |
| Norway | Norsk Hydro | Energy |
| Spain | Telefonica Moviles | Telecoms |
Since LIFFE launched Universal Stock Futures in January 2001, more than 2.9 million contracts have traded with a total notional underlying value of €11.06 billion (£6.77 billion).
Simon Raybould, LIFFE's Managing Director of Sales and Marketing said, "The four new additions to LIFFE's range of Universal Stock Futures follow the Exchange's plans to introduce an international range of companies. With the introduction of stocks listed in Denmark and Norway, they are now listed in 14 countries covering a wide number of sectors including banks, retail, telecoms, pharmaceuticals, insurance and energy."
