Liffe blasts CME as Eurodollar open interest hits 100k

In the week that its Eurodollar futures reached open interest of 100,000 for the first time, Euronext Liffe launched another attack on Chicago Mercantile Exchange (CME)'s "reinterpretation" of its own trading rules, which the European exchange believes has prevented open interest moving from CME (see FO Week vol 9 no 28).

Liffe market secretary Nick Carew Hunt told FO Week that the exchange was likely to escalate its objection to...