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Euronext.liffe extends trading hours

Euronext.liffe will increase its trading hours for Euribor interest rate futures from the second quarter of 2007.

The change, which will see trading begin at 0100 UK time, is designed to accommodate the Asian trading day. It follows the opening of Euronext.liffe’s Singapore hub in October 2005, and its Asian office there earlier this year.

Hugh Freedberg, the exchange’s chief executive, said: “The euro continues to grow as a global investment currency, and activity on international futures markets from the Asian region is also increasing. By extending Euribor trading hours we will be improving investment and risk management opportunities for Asia-Pacific investors.”

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