London International Financial Futures and Options Exchange
- London International Financial Futures and Options Exchange
A financial futures market opened in 1982, in London's Royal Exchange, to provide facilities within the European time zone for dealing in options and futures contracts, including those in government bonds, stock-and-share indexes, foreign currencies, and interest rates. In 1991 LIFFE moved into its own premises in the City of London. A client wishing to buy or sell options or futures telephones a LIFFE broker, who instructs the booth run by that broker on the floor of the exchange. The booth clerk hands a slip to the broker's trader in the pit of the market who executes the transaction with another trader. The bargain details are passed to the London Clearing House, which acts as guarantor. Automated (electronic) pit trading was introduced in 1989, though this only operates after the close of live pit trading. The London Traded Options Market merged with LIFFE in 1992, when the words ‘and Options’ was added to its name, although the acronym remains unchanged. In 1996 LIFFE merged with the London Commodity Exchange, making it the only exchange in the world to provide futures and options contracts on financial, equity, and commodity products and equity indices. Since 2001, it has become part of the European derivatives business Euronext NV, with markets in Amsterdam, Brussels, Lisbon, and Paris.
Accounting dictionary.
2014.
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London International Financial Futures And Options Exchange — Le London International Financial Futures and options Exchange (abrégé en LIFFE) est le marché à terme britannique, dont le principal produit est la série de contrats futures sur l Euribor trois mois, marché directeur des taux d intérêt à court… … Wikipédia en Français
London international financial futures and options exchange — Le London International Financial Futures and options Exchange (abrégé en LIFFE) est le marché à terme britannique, dont le principal produit est la série de contrats futures sur l Euribor trois mois, marché directeur des taux d intérêt à court… … Wikipédia en Français
London International Financial Futures and Options Exchange — ( LIFFE) A leading market for trading options and futures on euro money market derivatives. Bloomberg Financial Dictionary London International Financial Futures and Options Exchange ( LIFFE) LIFFE allows investors and business enterprises to use … Financial and business terms
London International Financial Futures and Options Exchange — This article is about the LIFFE, until the takeover by Euronext LIFFE Trader opposite Cannon Street station. The London International Financial Futures and Options Exchange (LIFFE, pronounced life ) is a futures exchange based in London. LIFFE is … Wikipedia
London International Financial Futures and options Exchange — Le London International Financial Futures and options Exchange (abrégé en LIFFE) est le marché à terme britannique, dont le principal produit est la série de contrats futures sur l Euribor, marché directeur des taux d intérêt à court terme de la… … Wikipédia en Français
London International Financial Futures and Options Exchange — LIFFE A financial futures market opened in 1982, in London s Royal Exchange, to provide facilities within the European time zone for dealing in options and futures contracts, including those in government bonds, stock and share indexes, foreign… … Big dictionary of business and management
London International Financial Futures And Options Exchange - LIFFE — A futures and options exchange in London, England that was modeled after the Chicago Board of Trade and the Chicago Mercantile Exchange. Similar to its American counterparts, this exchange used to deal with futures, options and commodities… … Investment dictionary
London International Financial Futures and Options Exchange — /ˌlʌndən ˌɪntənæʃ(ə)nəl faɪˌnænʃ(ə)l ˌfju:tʃəz ən ɒpʃənz ɪks,tʃeɪndʒ/ noun a market where futures contracts are traded in financial instruments such as gilts, equity options, euroyen, US Treasury bonds, etc. and also commodities such as cocoa,… … Dictionary of banking and finance
Futures and Options Exchange — London FOX The principal European exchange for soft commodities. A successor to the London Commodity Exchange, which it replaced in 1987, it merged in 1996 with the London International Financial Futures and Options Exchange, becoming a separate… … Accounting dictionary
Futures and Options Exchange — London FOX The principal European exchange for soft commodities. A successor to the London Commodity Exchange, which it replaced in 1987, it merged in 1996 with the London International Financial Futures and Options Exchange, becoming a separate… … Big dictionary of business and management