The Commodity Futures Trading Commission (CFTC) has approved the application of NYSE Liffe, LLC for designation as a contract market.PARA_BREAK_SENTINEL_9f8e7d6c

The Commodity Futures Trading Commission (CFTC) has approved the application of NYSE Liffe, LLC for designation as a contract market. NYSE Liffe is an indirect, wholly-owned subsidiary of NYSE Euronext, the holding company created by the combination of NYSE Group, Inc. and Euronext N.V.

NYSE Liffe will initially list for trading the precious metals contracts currently traded on the Board of Trade of the City of Chicago, Inc. (CBOT), including gold and silver futures and options as well as mini gold and silver contracts. The transfer of the metals contracts from CBOT to NYSE Liffe is scheduled to occur on 7 September 2008, for the trade date of 8 September 2008.

NYSE Liffe will utilise the NYSE Euronext LIFFE CONNECT electronic trading platform. The Chicago Mercantile Exchange, Inc. will initially provide clearing, settlement, and information services for the NYSE Liffe platform. Regulatory services for NYSE Liffe will be provided by Liffe Administration and Management and the National Futures Association.