LIFFE has already traded over £70 trillion (€112 trillion) worth of contracts this year, exceeding the £61 trillion (€95 trillion) traded for the whole of 2000, which was an all-time record. More business by value is entrusted to LIFFE's electronic trading system than to any other electronic exchange in the world, making LIFFE the largest exchange in Europe and the second largest exchange in the world by value.
LIFFE traded 23.5 million futures and options contracts in September, an increase of 79% on the same month last year with an average daily volume of 1.2 million contracts.
Volume in LIFFE's short-term interest rate products was up 75% on the same month last year and all equity products were up 82%. The Exchange's flagship contracts, the Three Month Euribor futures and options, traded 81.3 million contracts year-to-date - up 61% on the total number of contracts traded last year. Individual equity options traded over a million contracts, and are up 94% year-to-date.
LIFFE's Chief Executive, Hugh Freedberg said "We are particularly pleased that the investment we have made in our technology and the ability it provides to access the LIFFE market from 450 locations around the world, coupled with our expanded range of products, continues to strengthen our market position."
Total exchange open interest stood at 10,138,851 on 28 September 2001.
