Most STIRs To Stay On Outcry Floor Due To Customer Caution, Says Liffe
TRANSACTION SYSTEMS
LONDON--The London International Financial Futures and Options Exchange (Liffe) has entered a perilous phase of its shift away from open outcry trading to its electronic platform, Connect, as short term interest rates (STIRs) trades will stay largely on the Liffe floor.
Customer caution is seen as a major cause for the delayed response, say Liffe officials.
On September 20, Liffe launched the electronic version of its Euribor three-month interest rate futures contract. However, more than 75 per
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