"There weren't many trades this morning, but that's to be expected," said a London-based spokeswoman for Euronext.Liffe. "We're not expecting fireworks here, but we have prices and we have trades."The new contract will be traded on the electronic trading system Liffe Connect. The eonia interest rate is calculated each day by the European Central Bank (ECB) and is defined as the weighted average rate of transactions reported to the ECB that day by a representative panel of banks.
Euronext.Liffe said the new contract will provide traders and investors with enhanced trading and risk management opportunities at the short end of the yield curve.