Sources: Migration Woes Delayed Tiffe’s Liffe Connect Launch
EXCHANGE TECHNOLOGIES
TOKYO--Systems migration and integration problems were the likely causes for the delayed launch of the Liffe Connect trading platform for the Tokyo International Financial Futures Exchange (Tiffe), sources say.
Tiffe officials have set April 28 as the new launch date for the system, sources say. In addition to Liffe Connect, which Tiffe purchased in 2001 in a five-year deal estimated at $40 million, the exchange is implementing new clearing, margining, and market data systems.
The delay follows
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