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Yes, but the LIFFE contract now only accounts for 16% of the total Bund
Volume, and that 16% is only arb. traders looking for big LIFFE orders.
Last traded 'A' seat went for £140,000.
They trade very infrequently however its thought that under £100,000
would get you one now
>LIFFE is the London International Financial Futures Exchange which uses
open outcry and has the largest volume of trading for the Bund - the
German Bond.
>DTB is the Deutsche Termin Bourse (German Futures Exchange) which
>recently introduced electronic trading and is offering institutional
traders free access in an increasingly successful attempt to get their
business.
>Michael Soliatis
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