Intercontinental Exchange (ICE) has completed the transition of Liffe’s futures and options contracts to its own European exchange, almost two years after the deal was first announced.
The landmark takeover from ICE back in 2012 set in motion a major overhaul of the historic Liffe exchange, culminating in this final transition of contracts to ICE Futures Europe.
ICE finalised the deal in November 2013, announcing shortly after it would be moving all Liffe and Liffe US contracts over to ICE platforms.
Earlier in the year ICE had also begun clearing Liffe’s exchange-traded derivatives.
The London-based platform’s equity derivatives along with its flagship interest rate futures and options made the move to ICE on 17 November.
“The Liffe contracts we have transitioned now have the support of ICE’s world-class trading and clearing capabilities. ICE is committed to further developing these markets; we look forward to working closely with our customers to ensure that we continue to meet their evolving trading and clearing requirements,” said David Peniket, President and COO, ICE Futures Europe.
"We are proud of Liffe’s legacy and are conscious of our responsibility as we bring two of the world’s leading derivatives markets together on a globally distributed platform.”