Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

MEFF Caps To € 100 Per Transaction And Reduces Standard Fee To € 0.05 Per Contract In European Stock Futures Till December 31

Date 19/10/2007

From September 13th until December 31st, MEFF caps to € 100, the maximum fee per trade, regardless of the volume of contracts and reduces the standard fee to € 0.05 per contract, on European Stock Futures contracts (except those on Spanish stocks). This offer represents a 75% discount of the standard cap and the standard fee.

Liquidity is concentrated in quarterly expirations, currently the December expiration, where market makers quote bid and offer prices with tight spreads.