LIFFE's year-to-date trading volume is up 69%, with volume in July of 15,320,011 contracts, an increase of 69% compared to July 2000, representing an average daily volume of 696,364 contracts for the month.
LIFFE's Deputy Chief Executive, John Foyle said "LIFFE's surging volumes have been driven mainly by uncertainty surrounding Euro and sterling interest rates.
Swapnote® futures had an encouraging month trading over 430,000 contracts while the new Swapnote® options traded over 1,000 contracts on the third day of trading.
Volume in LIFFE's equity products is up 80%. During the month of July LIFFE's Universal Stock Futures traded its millionth contract, the equivalent of over 210 million of the underlying shares, with a value approximately £2.2 million (€3.6 billion) and following the fee reduction for block trades we expect to see continued growth."
Open interest, stood at 9,444,450 on 31 July 2001.
