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March was another bad month for interest rate derivative trading at CME Group, with an average daily volume of 3.83m contracts, 49% below the same month last year...
“The regulators write these rules in a vacuum, sometimes. They don’t understand the immediate consequences. It’s a learning curve for them too. But Gensler understands this; he comes from the real world.”
RJO boss Gerry Corcoran airs his views on the Dodd-Frank rulemaking process.