What is the London International Financial Futures and Options Exchange (LIFFE)?

What is the London International Financial Futures and Options Exchange (LIFFE)?

The London International Financial Futures and Options Exchange (LIFFE) is the former name of the largest futures and options exchange in London, England. It has been renamed the ICE Futures Europe after a series of mergers and acquisitions (M&A) left it under the ownership of the Intercontinental Exchange (ICE).

What are financial futures and options?

Options and futures are both financial products investors can use to make money or to hedge current investments. Both an option and a future allow an investor to buy an investment at a specific price by a specific date.

When did LIFFE close?

Initially, it put up an electronic trading platform known as Automated Pit Trading that was only used for after-hours trading. Now, the LIFFE uses a new electronic trading platform known as LIFFE CONNECT. On November 24, 2000, the last three of the once 26 open outcry pits were permanently closed.

How do exchange traded futures work?

ETF futures operate much the same as a normal futures contract. These contracts never take possession of the asset, but keep the capital moving from one basket of futures to another. This means investors don’t have direct exposure to the underlying assets and must deal in cash terms.

What time does London futures market open?

Trading Hours

CityTradingPre-Open
New York8:00 PM – 4:00 PM 20:00 – 16:007:45 PM 19:45
London1:00 AM – 9:00 PM 01:00 – 21:0012:45 AM 00:45
Singapore9:00 AM – 5:00 AM 09:00 – 05:008:45 AM 08:45

What is Matif wheat?

MATIF (March Terme International de France) is a former futures exchange in France. It was merged with the merger of the Paris Bourse with Euronext NV to Euronext Paris, which belongs to the exchange operator Euro Next.

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What are options?

Options are financial derivatives that give buyers the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price and date. Call options and put options form the basis for a wide range of option strategies designed for hedging, income, or speculation.

Are options exchange-traded?

Options may be traded between private parties in over-the-counter (OTC) transactions, or they may be exchange-traded in live, orderly markets in the form of standardized contracts.

Are futures traded 24 7?

While trading in the U.S. stock market is most active from 9:30 a.m. to 4:00 p.m. ET, stock index futures trade nearly 24/7. The rise or fall in index futures outside of normal market hours is often used as an indication of whether the stock market will open higher or lower the next day.

Do futures options trade 24 hours?

You canin the futures options market. Yup, 24 hours a day, 5.5 days a week, you can trade E-mini S&P and E-mini Nasdaq, as well as crude oil, gold, corn, the euro currency, and many more. Just be sure to check the trading hours at tdameritrade.com.

Is the futures market open now?

The majority of futures contracts start trading Sunday at 6 p.m. Eastern time and close on Friday afternoon between 4:30 and 5 p.m. Eastern, depending on the commodity.

What is milling wheat?

Milling is the process by which cereal grains are ground into flour. The milling of Wheat consists in the separation of bran and germ from the endosperm and reduction of endosperm to fine flour. Various steps are involved in making the wheat flour.

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What is the futures price of corn?

Key Data

LabelValue
Last728.25
Prior Settlement764.5
52 Week High772.75
52 Week Low495.75

What is the price of wheat?

Wheat Futures are available for trading in The Chicago Board of Trade (CBOT), Euronext, Kansas City Board of Trade (KCBT) and the Minneapolis Grain Exchange (MGEX). The standard contract unit is 5,000 bushels.

 Wheat
Price1,101.25
 31.2500
Day2.92%
Month40.73%

How do I trade options in the UK?

There are three ways to buy and sell options in the UK:

  1. Trade options with spread betting. A spread bet on options will mirror the underlying option trade. …
  2. Trade options with CFDs. As with spread bets, when you trade options with CFDs, your trade mirrors the underlying options trade. …
  3. Trade options with a broker.

How does an option work?

An option is a contract giving the buyer the rightbut not the obligationto buy (in the case of a call) or sell (in the case of a put) the underlying asset at a specific price on or before a certain date. People use options for income, to speculate, and to hedge risk.