NYSE Liffe Expands Bclear Universal Stock Futures To Canadian And South African Stocks


NYSE Liffe, the European derivatives division of NYSE Euronext (NYX), today announced that it has introduced Universal Stock Futures on Canadian and South African stocks on Bclear, the Exchange’s trade administration and clearing service.

The geographical expansion of the Bclear product range will enhance the diversity of company underlyings available to the Exchange’s customers, with the possibility to trade futures on over 1,250 large and mid-cap stocks denominated in 12 currencies.

In Europe, NYSE Liffe is the only exchange offering futures on Canadian and South African stocks in their respective domestic currencies. The launch of Canadian and South African Universal Stock Futures is part of an Exchange initiative to widen the scope of its Bclear Universal Stock Futures franchise, by covering more developed and emerging equity markets.

Ade Cordell, Executive Director, Head of Equity Derivatives, NYSE Euronext, said: “Our trading community requires a platform where more of the world’s developed and developing markets are available under one venue. With the expansion of NYSE Liffe’s Bclear facility, via the inclusion of underlyings from Canada and South Africa, we are supporting our customers evolving trading needs, as well as improving the visibility of untapped underlying stocks for our institutional investor base.”