NYSE Liffe US, the new U.S. futures exchange of NYSE Euronext (NYX), today announced that ASTMAX Co., Ltd., which became an NYSE Liffe US member in December 2008, began trading its precious metal contracts. ASTMAX is one of Japan ’s leading commodities trading firms, already active on local Japanese and international markets.
“NYSE Liffe US is very pleased to welcome ASTMAX as a valued member firm,” said Thomas F. Callahan, NYSE Euronext Executive Vice President, Head of U.S. Futures. “Since our September 2008 launch, we have been steadily enhancing our technology, working closely with customers and developing new products and services to strengthen NYSE Liffe US’s product offering. ASTMAX is an excellent addition to our platform and we look forward to providing them with the highest levels of customer service and market quality.”
“It is our great pleasure to be accepted as a member of NYSE Liffe US. We are also pleased to have such warm welcoming words from Mr. Callahan. As mentioned, we have been deeply involved in trading commodities both in Japan and overseas. We will be expected to play an even bigger role in the markets amid these economically and financially adverse circumstances. Becoming an NYSE Liffe US member certainly adds value for us too,” said Hideaki Ushijima, President and CEO of ASTMAX Co., Ltd.
NYSE Liffe US provides a fully electronic, liquid market for 100 oz. gold futures, 5,000 oz. silver futures, options on gold and silver futures, and mini-sized 33.2 oz. gold and 1,000 oz. silver futures. NYSE Liffe US began trading in September 2008. All contracts are traded in US dollars and physically settled in New York. NYSE Liffe US utilizes the proven LIFFE CONNECT® trading platform designed and maintained by NYSE Technologies.
