TFS Launches UK Home Price Indices

The London office of interdealer broker TFS is launching United Kingdom home price futures indices.The indices express a forecasted value for the future price of an average U.K. home using derivatives prices quoted in the over-the-counter residential property market (with HBOS PLC's Halifax House Price Index as its basis), according to TFS. The U.K. interdealer broker can be found on the Web at http://www.tfsbrokers.com.

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