Editorial - Team tatics

24 Aug 2007

In a week when Nymex finally came clean and admitted it has been in discussions all along with unnamed exchange and exchanges, albeit it was forced to do so after its own CEO and chairman was a little loose-lipped in the presence of an analyst, tongues have again started wagging over who the suitor could be. Nymex’s urgency to stress that...

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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.