Euronext Clings to Liffe in Surprise Coup as Preferred Bidder for Exchange
ORGANIZATION AND MANAGEMENT
LONDON--Euronext, the Paris-based pan-European exchange, has emerged as the preferred bidder for the London derivatives exchange Liffe and plans to migrate its European derivatives contracts onto the Liffe Connect platform.
Euronext plans to keep its cash market on its NSC system, to which the Amsterdam exchange has just migrated. Liffe will become the central hub for Euronext’s derivatives business, which will be migrated onto Liffe Connect, although neither exchange is ready to say how nor
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