Liffe chief talks down rumours
Wednesday 17 June 1998
"It's a very old story," Mr Hodson said on the fringes of a derivatives conference in London. Liffe has recently faced heavy criticism after losing the bulk of trade in the German government bond future (the Bund) to the DTB. Many dealers prefer to use the DTB's low cost electronic trading system than to trade Bunds on Liffe's traditional open-outcry trading floor.
The DTB said yesterday that it was considering moving into gilt futures, but that no concrete plans had been made.
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