US futures industry backs Liffe in battle with CME

Thursday 22 July 2004 at 16:00

The US Futures Industry Association has thrown its weight behind Euronext.Liffe in the battle between the London-based exchange and its rival, the Chicago Mercantile Exchange.

Euronext.Liffe is calling on the industry regulator, the Commodities and Futures Trading Commission, to overturn a rule change by the Chicago exchange on anti-competitive grounds.