LIFFE and Foreign Futures/Options

Discussion in 'Financial Futures' started by ktm, Nov 3, 2003.

  1. ktm

    ktm

    original post in another thread.....

    bungrider
    Elite Member

    10-01-03 10:17 PM

    fellow ET gents and ladies,

    below are two links from cftc's web site with the approved foreign contracts for US citizens to trade with no bullshit from the govt.

    http://www.cftc.gov/dea/deadciofore...ns.htm#usaccess
    http://www.cftc.gov/opa/backgrounder/opapart30.htm

    (from 2nd link):

    "APPROVED: Foreign Stock Index Futures Contracts for Which No-Action Relief Has Been Granted.

    AE -- The Amsterdam Exchanges (formed by the merger of the Financiele Termijnmarkt Amsterdam and the European Options Exchange):

    Eurotop 100 Index futures contract†
    ASXF -- ASX Futures Exchange:

    S&P/ASX 50 futures contract
    S&P/ASX 200 futures contract
    EDX -- EDX London Exchange (formerly traded on OM London Exchange, Ltd.)*:

    OMX Stock Index Standardized futures contract†
    OMX Stock Index Flexible futures contract†
    EUREX -- Eurex Deutschland (formerly DTB, Deutsche Terminbörse):

    Dow Jones Global Titans 50 futures contract
    Dow Jones STOXX 600 Banking Sector Index futures contract
    Dow Jones EURO STOXX Banking Sector Index futures contract
    Dow Jones STOXX 50 Index futures contract†
    Dow Jones EURO STOXX 50 Index futures contract†
    Deutsche Aktienindex (DAX) Stock Index futures contract†
    EURONEXT -- Euronext Amsterdam, N.V.:

    AEX Index futures contract
    Light AEX Index futures contract
    HKFE -- Hong Kong Futures Exchange:

    Hang Seng Index futures contract†
    HKFE Taiwan Index futures contract†
    INTEX -- International Futures Exchange (Bermuda) Ltd.:

    Financial News Composite Index futures contract†
    IDEM -- Italian Stock Exchange (Mercato Italiano dei Derivati):

    MIB 30 Index futures contract†
    MiniFIB futures contract
    JSE -- JSE Securities Exchange South Africa:

    FTSE/JSE 40 Top companies Index futures contract
    LIFFE -- London International Financial Futures and Options Exchange:

    Morgan Stanley Capital International Pan-Euro Index futures contract†
    Morgan Stanley Capital International Euro Index futures contract†
    FTSE International Eurobloc 100 Index futures contract†
    FTSE International Eurotop 300 Index futures contract†
    FTSE International Eurotop 300 (ex. UK) Index futures contract†
    FTSE International Eurotop 100 Index futures contract†
    Financial Times-Stock Exchange 100 Index futures contract†
    Financial Times Mid-250 Index futures contract (FTSE Mid-Cap)†
    Mini FTSE 100 Index futures contract
    MEFF RV (Meff Renta Variable) -- Meff Sociedad Holding Rectora de Productos Financieros Derivados, S.A. (Spain):

    IBEX-35 Stock Index futures contract†
    S&P Euro Index futures contract
    S&P Europe 350 Index futures contract
    ME -- Montreal Stock Exchange:

    S&P/TSE 60 Stock Index futures contract†
    MONEP -- Marchè des Options Nègociables de Paris:

    CAC 40 Index futures contract†
    Dow Jones STOXX 50 Index futures contact†
    Dow Jones EURO STOXX 50 Index futures contract†
    OM London Exchange Ltd. (formerly OMLX, London Securities and Derivatives Exchange, Ltd.):

    OMX Stock Index Standardized futures contract†
    OMX Stock Index Flexible futures contract†
    OMXCAP Index Standardized futures contract†
    OMXCAP Index Flexible futures contract†
    OM -- OM Stockholm Exchange AB:

    OMX Stock Index Standardized futures contract†
    OMXCAP Index Standardized futures contract†
    OSE -- Osaka Securities Exchange

    FTSE Japan Index futures contract
    MSCI Japan Index futures contract
    Nikkei Stock Index 300 futures contract (Nikkei 300)†
    Nikkei Stock Average Index futures contract (Nikkei 225)†
    SGX-DT -- Singapore Exchange Derivatives Trading, Limited (formerly SIMEX, the Singapore International Monetary Exchange):

    SGX MSCI Japan Index futures contract
    Morgan Stanley Capital International Singapore Free Stock Index futures contract†
    Morgan Stanley Capital International Hong Kong Stock Index futures contract†
    Morgan Stanley Capital International Taiwan Stock Index futures contract†
    Nikkei Stock Average futures contract†
    Nikkei Stock Index 300 futures contract (Nikkei 300)†
    SFE -- Sydney Futures Exchange Ltd.:

    All Ordinaries Share Price Index futures contract†
    S&P/Australian Stock Exchange 200 Index futures contract†
    TSE -- Tokyo Stock Exchange:

    Tokyo Stock Price Index futures contract (TOPIX)†
    S&P/Topix 150 Index futures contract
    TFE -- Toronto Futures Exchange:

    Toronto Stock Exchange (TSE) 300 Composite Index futures contract†
    TSE 100 Index futures contract†
    TSE 300 Spot Index†
    TSE 35 Index futures contract†
    TSE 35 Spot Index†
    PENDING APPROVAL:
    Foreign Stock Index Futures Contracts Pending No-Action

    BSE - The Bombay Stock Exchange (The Stock Exchange, Mumbai):

    BSE Sensitive Index of 30 Stocks futures contract
    LIFFE -- The London International Financial Futures and Options Exchange*:

    FTSEurofirst 80 Index Futures Contract
    FTSEurofirst 100 Index Futures Contract
    NSE --The National Stock Exchange of India, Limited:

    S&P CNX Nifty Index futures contract
    SGX-DT -- Singapore Exchange Derivatives Trading, Limited:

    S&P CNX Nifty Index futures contract
    SGX Straits Times Index futures contract


    ...Therefore, under the rule amendment, if the underlying foreign exchange-traded futures product (including futures on stock indices and on foreign government debt) may be offered or sold in the United States, the foreign option based on that futures contract may be offered or sold as well without further action."

    ______________________________________
    def
    Interactive Brokers

    10-01-03 11:47 PM

    We're looking at additional cash markets (you wouldn't be allowed to trade stock options due to the US restrictions). We could offer HK tomorrow but the cost of additional throughput, supplying data (they protect the data vendors and fail to see the big picture), and don't make it very interesting.

    _________________________________________

    Def,

    Given the above, what about FTSE based products on the LIFFE? I have tried entering orders for them but still get the "regulatory restriction" error on the TWS. I see the data feeds available for about 30GBP, so quotes aren't an issue.

    The CFTC letter bungrider noted above is fairly new.

    Bungrider,

    Are you trading any of these?

    Thanks

    ktm