The market makers are:
- Banca Commerciale Italiana SpA
- CMT Capital Markets Trading UK Limited
- DRW Investments (UK) Ltd
- Geneva Ireland Financial Trading Limited
- Mako Global Derivatives Limited
- Schneider Trading Associates Ltd
- Susquehanna Ireland Limited and
- Tradelink Worldwide Ltd.
From 29 January, customers will be able to buy and sell futures contracts on one exchange on 25 blue-chip stocks from the UK, continental Europe and the US, with a combined market capitalisation of £2.3 trillion (?3.8 trillion).
Hugh Freedberg, Chief Executive of LIFFE said: "Universal Stock Futures represent a revolution in global equity trading. They will be easy, cheap and efficient to trade -and are the most exciting initiative since we launched our electronic trading system, LIFFE CONNECT™. The support of the market makers will enable trading in Universal Stock Futures to get off to a flying start."
International equity markets are rapidly evolving and growing. In 1990, the capitalisation of the North American equities market was US $3 trillion and today it is approximately US $16 trillion. Freedberg added, "Universal Stock Futures have the potential to revolutionise equity markets in the same way that interest rate futures revolutionised first the money markets then the bond markets."