London International Financial Futures and Options Exchange

London International Financial Futures and Options Exchange (LIFFE)

A leading market for trading options and futures on euro money market derivatives.

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

London International Financial Futures and Options Exchange

An electronic exchange on which a variety of derivatives are traded. Popular investments on LIFFE include futures and options on agricultural goods and financial instruments such as interest rates. It was established in 1982 and in 2000 it became completely electronic by closing its trading floor. In 2002, it became part of Euronext.

Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

London International Financial Futures and Options Exchange (LIFFE)

A profit-seeking, shareholder-owned exchange that offers trading in a wide range of derivative securities, including futures and options on interest rates, equity options, and agricultural commodity contracts. LIFFE merged with the London Traded Options Market in 1992 and with the London Commodity Exchange in 1996. The exchange was established in 1982 as an open outcry market but by 2000 had transferred all of its contracts to an electronic platform known as LIFFE CONNECT.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.