Quote from SethArb:
ended the open outcry
do to the competion with the Eurex (?)
what happened to the seat prices
on the liffe ? did traders get anything
to reimburse them for the seats they
had leased or bought ?
ah ... life in the pits ...
where you buy a seat ...
TO STAND !!!!
I had 2 and it was ugly. Fortunately I saw the writing on the wall and actually saved myself $40,000 by selling them in 1998. If I do nothing they were worthless in 2000 and when the Eurex bought them out they were worth $120,000 each.