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Is the “Trading Perimeter” Needle Moving?

Interesting debates continue to rumble on as we read with interest several insightful pieces by Colin Lambert at The FullFX https://lnkd.in/e5jKTEaX and https://lnkd.in/g_iXeyw5

.......and read with even more interest the comments underneath Stephane Malrait repost of some more of Colins great work here.https://lnkd.in/eHmtxVwp

Note that Bas is working for the Dutch regulator.

Certainly, in the Swaps world OTCX takes the view that regulatory status is a prerequisite for operating an RFQ platform.

It would appear the Canadians feel that way too as we see them moving swiftly and forcefully as we can see here.......

https://lnkd.in/e8zh7bh4

and here.............

https://lnkd.in/eTU8DnMt

We have spoken before on the perimeter paper and clearly even with powerhouses such as Bloomberg and Refinitiv, if no one is too big then who is next and which jurisdiction?

As regulators around the world make their position clear then the ambiguity disappears as a result.

April 8, 2024

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