LIFFE

Abstract

The London International Financial Futures and Options Exchange (LIFFE) is a futures exchange located in London. Sir Brian Williamson established LIFFE on September 30, 1982 to take advantage of the UK’s removal of currency controls in 1979.Originally located in the historic Royal Exchange building near Bank, it later transferred to Cannon Bridge in 1991. Initially, it offered futures contracts and options only. However, after merging with the London Traded Options Market in 1993, it started offering equity options as well. It then changed its name to the London International Financial Futures and Options Exchange.