LIFFE FEBRUARY VOLUMES DOWN, BUT EURODOLLARS UP Total futures and options turnover on the London International Financial Futures Exchange (LIFFE) fell slightly during February, although daily average Eurodollar volume set a new record, LIFFE said today. Total futures and options turnover last month was 822,378 contracts, down from January's 881,778, but sharply above the comparative February 1986 figure of 463,146 lots, it said. Eurodollar turnover during February was 140,417 lots, against January's 100,941 and the year ago figure of 81,648. The daily average was a record 7,020 lots, up four pct from the previous record, set in March 1985. February trading encompassed a new daily record of 66,087 contracts on the 19th of the month, exceeding the previous record of 61,398, which had been set on February 6, LIFFE said. FT-SE 100 index futures volume was sharply higher during February, with 22,109 contracts trading, against January's 15,279 and the year-ago level of 8,181. Open interest also set new records last month in Eurodollars at 29,372 contracts, in FT-SE 100 at 4,898 and in short sterling interest rate futures at 19,846 lots. Key futures volumes as detailed by LIFFE were: Feb'87 Jan'87 Feb'86 Long gilt 424,865 525,354 134,420 Eurodollar 140,417 100,941 81,648 Short sterling 94,720 87,619 67,640 T-bond 84,694 87,980 133,766 FT-SE 22,109 15,279 8,181 Currencies 2,799 2,112 7,737 Short gilt 74 85 6,516 Key options volumes as detailed by LIFFE were: Feb'87 Jan'87 Feb'86 Long gilt 44,640 54,329 ---- Eurodollar 3,580 1,720 2,844 T-bond 1,737 3,479 ---- Sterling 1,466 2,223 18,191 FT-SE 1,277 657 ---- Total options 52,700 62,408 23,238 (Long gilt, T-bond and FT-SE index options were not trading in February 1986).