November trading up 303% on CBOE Futures Exchange

04 Dec 2007

Trading at CBOE Futures Exchange (CFE) set a record for the busiest trading month at the exchange, as trading during November surpassed levels recorded in November 2006...

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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.