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Liffe to list Topix futures with open interest flowing to Tokyo nightly


NYSE Liffe will offer futures on Japan’s Topix share index from summer 2010, through an agreement with the Tokyo Stock Exchange that will transfer positions from Liffe in London to TSE at the end of each day.

The Topix is a widely followed index of all the domestic companies listed on the first section of the TSE. The futures on it, listed at TSE since 1988, are the exchange’s most actively traded contract, with average daily volume...

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