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RTS guns for energy

16 Feb 2007

RTS is set to diversify into commodity futures with diesel fuel contracts scheduled for launch on 20 February.

The instrument, which...

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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.