EU: NYSE Liffe extends by one year trading period for Paris-based crop futures
NYSE Liffe will extend by one year the trading period for its Paris-based crop futures, with effect from March 13, Reuters reported on February, 29.
The move will notably extend the number of available contracts for its flagship milling wheat futures to 12 from eight, giving a three-year horizon for trading.
The exchange will abolish August contracts for milling wheat and malting barley after the expiry of the August 2012 contracts, NYSE Liffe said in a note published to operators on February, 28 and released to the press the next day.
NYSE Liffe had announced the changes in November, saying they would take effect in 2012 but without giving a precise deadline.
02 March, 2012