Brokers working at the London International Financial Futures Exchange (LIFFE) walk through City streets at lunchtime. The LIFFE exchange was once where derivatives, options, futures and their contracts were exchanged in a frenzy of arm and hand expressions which communicate prices and quantities. The LIFFE exchange was synonymous with a Thatcherite capitalist money-making ethos in the City of London of the 80s and early 90s before the takeover by Euronext in January 2002. It is currently known as Euronext.liffe. Euronext subsequently merged with New York Stock Exchange in April 2007.
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