Open Access Industry Letter: March 2015

LSEG has signed an industry letter supporting Open Access, sent to ESMA and reported on FT.com. The letter has been co-signed with ICAP, Nasdaq and LCH.Clearnet Group.

"As we build a capital markets union in Europe, we are taking strides towards creating jobs and growth through a stable, fair and competitive Single Market. In line with this objective, MiFID II already includes provisions to strengthen regulation and introduce meaningful competition in derivatives markets through non-discriminatory access to trading and clearing."

"In an age characterised by transparency and consumer choice, we welcome the EU’s determination to show global leadership in introducing this framework. We believe investors and market participants will embrace and reward European leadership in this area."

Read the full letter

Read the article online at FT.com (subscription required)