NYSE Liffe increases footprint in Asia

NYSE Liffe said that its membership of firms based in Asia has doubled from seven to 15 over the past six months. NYSE Liffe, Deutsche Boerse Group and CME Group are among the exchange groups seeking to expand in Asia. "The appetite of the Asia-based trading houses to diversify beyond their domestic markets by trading Western derivatives contracts is steadily increasing," said Lee Hodgkinson, NYSE Euronext's head of sales and client coverage for Europe, the Middle East and Africa, and Asia-Pacific.

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