The Board of LIFFE has appointed Credit Suisse First Boston as its financial adviser to assist in the evaluation of these approaches. A further announcement will be made in due course.
Sir Brian Williamson, Chairman of LIFFE, said: "The development of LIFFE into the world's most technologically advanced exchange has been achieved through exceptional efforts from our management, staff and customers. Our technology is increasingly in demand by other organisations around the world. At the interim results in August, we reported that trading volumes were up by 46% in the first half; since then volumes have continued to increase. We are not surprised to have received a number of approaches. We will, therefore, review each approach to see if it can maximise value for our shareholders."
