NO 250 – DECEMBER 2013

WFE Focus
Corporate news

CBOE Holdings repurchases shares

CBOE Holdings’ Board of Directors authorized the company to repurchase an additional USD 100 m of its outstanding common stock, to be used in addition to any unused amount remaining under prior authorizations. The new authorization brings the total amount available for stock repurchases to approximately USD 167 m at 9 December 2013.

ICE to integrate Liffe into ICE Futures Europe

IntercontinentalExchange Group provided the following update in relation to the transition of Liffe to ICE Futures Europe. The combination of the two London-based exchanges will create Europe’s leading multi-asset class exchange, offering derivatives contracts on US and European interest rates, single stock and index derivatives, emissions, energy and agricultural commodities. Upon the successful separation of Liffe and Euronext businesses, which is expected to take place in the first quarter of 2014, ICE will begin to transition Liffe contracts to the ICE trading platform and to the ICE Futures Europe exchange, starting with agricultural commodity contracts in the summer of 2014. Liffe equity derivatives contracts, including indices and single stock futures and options, and interest rates contracts are expected to transition in the third and fourth quarters, respectively. It is anticipated that the Liffe operations will be fully integrated by the end of 2014.