Friday, August 17, 2007

RECORD IN EUROPE

The European exchanges run by transatlantic bourse operator NYSE Euronext (NYX.N: Quote, Profile, Research)(NYX.PA: Quote, Profile, Research) had their busiest day ever on Friday, as markets first fell then, in the wake of a U.S. Federal Reserve discount rate cut, sharply recovered.

Some 2.47 million transactions were recorded on Euronext cash markets in France, Belgium, the Netherlands and Lisbon, beating the previous record of 2.33 million recorded on Aug. 9, NYSE Euronext said in a statement.

It said its London-based Liffe futures and options exchange also had its busiest-ever week, with 30 million contracts traded, compared with the previous record 28.5 million contracts traded in the week ended June 8, 2007. It said Liffe had so far traded 588 million contracts in 2007, 24 percent more than at the same stage in 2006.

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