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CME Group is expanding its suite of temperature-based products by offering weather contracts on six US cities and one European city.
The exchange will offer cooling degree day...
“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.