Europe’s Clearing and Settlement Infrastructure Faces Unprecedented Challenges, Tabb Group Says
At 31 Mar 2008 03:23:21 in MM-News in Brief, MM-Research and White Papers, MiFIDMonitor.com
While MiFID brings into view the development of a pan-European market at the trading level, the clearing and settlement structure in Europe remains organised largely on national lines with deep-seated regulatory, legal, fiscal and market-practice barriers, points out Tabb Group in a new report, European Clearing and Settlement: Breaking Barriers – Building Alliances. The point has been made before, but Tabb’s report is timely nonetheless.
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