The
FBE issued its response to the DG Competition Issues Paper on securities trading and post-trading criticizing that the paper mainly focuses on competition in trading. As this issue has already been addressed
MiFID directive, the Federation calls on DG Competition to re-focus its study on competitive issues in post trading insofar as they can be de-coupled from competition in trading.
FBE also states that proposed recent mergers and potential mergers of the future of trading platforms could well have a strong bearing on the efficiencies in trading through to clearing and settlement. Continued international merger activity amongst Stock Exchanges will almost inevitably lead to a re-structuring of post trading activities in Europe over time.
Voice of the European banking sector
www.fbe.be',WIDTH, 300, SHADOW, true, FADEIN, 300, FADEOUT, 300, STICKY, 1,DURATION,3500)" onmouseout="UnTip()");">FBE response securities trading.pdf ' target='_blank'> Response
Voice of the European banking sector
www.fbe.be',WIDTH, 300, SHADOW, true, FADEIN, 300, FADEOUT, 300, STICKY, 1,DURATION,3500)" onmouseout="UnTip()");">FBE letter securities trading.pdf ' target='_blank'> Letter
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