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Liffe Prepares New Order-Driven System For Testing In July, Rollout In November

ELECTRONIC TRADING

LONDON--The London International Financial Futures and Options Exchange (Liffe) is scheduled to launch an anonymous, order-driven electronic trading system, Liffe Connect for equity options, on November 30 this year as the first deliverable of a £100 million overhaul of its trading infrastructure.

The system will take the UK's futures market in the same direction embarked upon by equities traders with last October's launch of the London Stock Exchange's Stock Exchange Electronic Trading System

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