Liffe set to offer iX its trading system
Wednesday 10 May 2000
Brian Williamson, chairman of Liffe, the London derivatives exchange, is set to offer Liffe Connect, its new electronic trading system, to iX, the proposed Anglo-German megabourse.
Mr Williamson believes that the offer of the system, which is able to handle cash-equities trading as well as deal with futures and options, could defuse a potential row over plans to replace the London Stock Exchange's much criticised Sets system with Frankfurt's lower-cost Xetra system.
Smaller brokers are worried about the cost of switching to a new unfamiliar system. Don Cruickshank, the LSE chairman, said last week he was keen to meet Mr Williamson to discuss the implications of the iX deal.
An agreement to use Liffe Connect would be a boost to Mr Williamson's attempts to reinvent Liffe as a provider for exchanges around the world.
Geoffrey Macnab does not like the comedian's big screen debut
Look beyond the usual shows for the best festive telly
elephant appealThe first 23 lots in our charity auction have now gone. But there are 22 more still up for grabs
The battle for control of Stieg Larsson's £30m legacy
French pub fined €9,000 after customers returned empties to bar - because it's 'undeclared labour'
Sun will 'flip upside down' within weeks, says Nasa
PAs cleared of fraud - and Nigella Lawson left reeling at 'ridiculous sideshow' of drug allegations and public dissection of marriage to Charles Saatchi
Burglar steals video tapes of child abuse, hands them into police
Paul Walker's daughter Meadow attends Justin Bieber Believe premiere
- 1 Bonuses for goals and top four finish as Luiz Suarez joins Premier League's top three earners
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 #Teamnigella: It’s the only side to be on
- 4 Christmas comes early: Justin Bieber is 'retiring from music'
- 5 Burglar steals video tapes of child abuse, hands them into police
- < Previous
- Next >
iJobs Money & Business
£Negotiable: Citifocus: High calibre individual with institutional client serv...
£120000 - £150000 per annum: Cornwallis Elt : Programme Manager, Strategy Lead...
£55000 - £120000 per annum: Pro-Recruitment Group: The Financial Services Tran...
£600 - £700 per day: Harrington Starr: Client based in West London is looking ...