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Home>Stock Exchange>United Kingdom>London International Financial Futures And Options Exchange

 London International Financial Futures And Options Exchange - LIFFE

 
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London International Financial Futures And Options Exchange - LIFFE

A futures and options exchange in London, England that was modeled after the Chicago Board of Trade and the Chicago Mercantile Exchange. Similar to its American counterparts, this exchange used to deal with futures, options and commodities contracts.

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During most of its existence as an independent exchange, LIFFE used the open outcry system to facilitate trades. LIFFE's reluctance to change to an electronic trading system was a cause of its downfall.
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