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Intercontinental Exchange enjoys record 2009

05 Jan 2010

InterContinental Exchange had a record year in 2009; average daily volume (ADV) was up 12% from 2008 at 1.04m. In...

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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.