Liffe waives Eurodollar strategy fees

11 Oct 2004

Euronext Liffe has announced a programme of exchange fee waivers for various Eurodollar trading strategies, for the period 1 October to 31 March 2005. The waiver will apply to calendar spreads, strips, condors, butterflies, packs and bundles....

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"While we support its overall direction, a number of the requirements in the review are needlessly oppressive, particularly the proposed limits on execution-only business and bilateral execution. Additionally, the swathe of costly disclosure obligations is more likely to confuse than inform customers.”

The FOA's Anthony Belchambers responds to the EC's Mifid review.