Euronext has ended nine months of talks with London International Financial Futures and Options Exchange (Liffe) about using Liffe Connect for derivatives trading and chosen the French and Dutch systems instead.
The exact nature of the talks has now come to light. A Euronext spokesperson said that the exchange proposed a "commercial technology agreement" with Liffe, which would have seen the fixed income trading of the two exchanges "shared" on Liffe Connect.
