Euronext Liffe is considering extending trading hours for its Eurodollar contract in a bid to draw further volume from the Singapore market.
Liffe Eurodollar contracts currently trade between 7am and 9pm London time. Market sources suggested the exchange could move to a 2am market opening to capitalise on Asian timezone trading, a move which could put further pressure on Singapore Exchange (SGX)'s Eurodollar contracts.
Liffe's director of fixed income product development, Amanda Sudworth, told FO Week that the exchange was discussing early opening with customers. She said,...