NYSE Removes Option Trading Fees

The latest good finance news is the waiver of exchange fees for some of the contracts related to short-term interest rates options to boost up the trade. This has been declared by the Liffe derivatives market of NYSE Euronext and is reported in Bloomberg.Trading options contracts for new customers that is based on Euribor or the rate offered by Euro Interbank for three month (based in turn on London-based exchange) will not be required to pay fees for around next six months or for first million trades done. This was stated by Paul MacGregor, who is the director of Liffe’s fixed income, today in an interview. Apart from this, Options contracts of mid- curve and interest rates options of Short Sterling for three months and also valid to avail this offer according to him.
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