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MCX appoints UN's Rutten as volumes grow

22 May 2006

Lamon Rutten has been appointed joint managing director of Multi Commodity Exchange of India (MCX).

Previously, he was chief...

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"While we support its overall direction, a number of the requirements in the review are needlessly oppressive, particularly the proposed limits on execution-only business and bilateral execution. Additionally, the swathe of costly disclosure obligations is more likely to confuse than inform customers.”

The FOA's Anthony Belchambers responds to the EC's Mifid review.