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by Laurence Davison
Further progress towards the launch of financial futures in mainland China has been made with regulatory approval of rules governing stock index futures. However, there is still no official launch date and hopes of an early second...
“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.