Liffe posts strong Q4, near-flat 2005

Euronext Liffe announced last week that revenue from derivatives trading in the final quarter of last year was up 36% on the same period in 2004. However, derivatives revenue for the whole of 2005 was only up 2.2% despite a 7% annual growth and a record 155m total transactions.

The exchange said that quarterly revenues hit €90.8m, compared to €66.8m during the same period in 2004.

A spokesperson for the exchange told FO Week that the discrepancy between the contracts traded and the revenue was accounted...