The Chicago way

13 Oct 2003

It would seem the gloves are coming off in the fight to stop Eurex getting a foothold in the US. Never mind beating the competition on product offering and business model - why go to all that effort when it might be possible to...

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.