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The Singapore Exchange has said it will launch options on its MSCI Singapore Index futures contract, should members of the exchange agree to amend existing trading rules.
The Asian exchange made the announcement...
“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.