Nasdaq, the US technology market has partnered with the London International Financial Futures and Options Exchange (Liffe) to sell single-stock futures.

BBC: Liffe boosted by Nasdaq deal

Eurex, an on-line system owned by Swiss and German exchanges, has whittled the London International Financial Futures and Options Exchange's share of the German bund futures contract from 70% to 10%.

FORBES: Last one out, shut the lights

In an attempt to grab back its position as Europe's largest derivatives exchange, lost to Frankfurt's Eurex earlier in the year, the London International Financial Futures and Options Exchange said it will fire 60% of its staff and consider alliances even mergers with other exchanges.

ECONOMIST: Growing trend