Euronext LIFFE

Started in 1982, the original London International Financial Futures Exchange was originally created to take advantage of the removal of currency controls in the United Kingdom. LIFFE modelled itself after the Chicago Board of Trade and the Chicago Mercantile Exchange. In 1992, the London Traded Options Market was merged with LIFFE and named the London International Financial Futures and Options Exchange. Also, in 1996 there was a merger with the London Commodity Exchange and soft and agricultural commodity contracts were added to the products offered.

The London International Financial Futures Exchange was taken over by Euronext in 2002 and is currently know as Euronext LIFFE. Originally, trading was conducted by an open outcry system, but in 1998 the London International Financial Futures exchange was moved to an all electronic trading model. After acquired, Euronext LIFFE joined the exchanges of Brussels, Paris, Lisbon and Amsterdam.