London International Financial Futures Exchange Yearbook

Front Matter....Pages i-x
Introduction....Pages 1-8
Front Matter....Pages 9-10
LIFFE’S Place in the London Financial Markets....Pages 11-13
Financial Futures and Building Societies....Pages 14-17
Pension Funds, Unit Trusts and Liffe....Pages 18-20
Taxation Treatment of Financial Futures and Options in the United Kingdom....Pages 21-23
Accounting Treatment of Financial Futures and Options....Pages 24-29
Liffe Contracts and Derivative Instruments....Pages 30-33
Market Efficiency for Financial Futures and Options....Pages 34-42
Front Matter....Pages 43-43
Liffe in Perspective....Pages 45-51
Review Of Liffe Contracts....Pages 52-86
Part III....Pages 87-127
Part IV....Pages 131-132
Liffe Market Statistics....Pages 133-163
Front Matter....Pages 165-165
The Liffe Margining System....Pages 167-169
The LIFFE Trade Registration System....Pages 170-173
The Role of the Icch in the Clearing of Futures and Options Exchanges....Pages 174-176
Icch: Summary of Clearing and Delivery Procedures....Pages 177-200
Front Matter....Pages 201-201
Sterling Based Futures Contracts....Pages 203-245
Us Dollar-Based Contracts....Pages 246-254
Japanese Yen-Based Futures Contracts....Pages 255-257
Front Matter....Pages 201-201
Currency Futures Contract....Pages 258-275
Option Contracts....Pages 276-301
Summary of Futures and Options Contracts....Pages 302-309
Front Matter....Pages 311-312
Memorandum of Association of the London International Financial Futures Exchange Limited....Pages 313-315
Articles of Association of the London International Financial Futures Exchange Limited....Pages 316-325
Rules of the London International Financial Futures Exchange Limited Object of the Market....Pages 326-351
Rules of Liffe Options Plc....Pages 352-357
Trading Procedures of the London International Financial Futures Exchange....Pages 358-370
Back Matter....Pages 371-378