Euronext.liffe, the derivatives business of Euronext, today confirmed the date for the extension of trading hours for its benchmark Euribor interest rate futures contract in order to incorporate the Asian trading day. With effect from Monday 25 June 2007 Euribor futures will commence trading at 01:00 hours London time, six hours earlier than the current start time.
This development greatly improves accessibility to Euribor futures for Euronext.liffe’s customers located in Asia and Australia.
Amanda Sudworth, Director of Interest Rate Products, said: “We are pleased to be able to offer trading opportunities and risk management support to the growing demand for Euro-denominated investments in the Asia-Pacific region.”
