FOA seeks market view on clearing issues
The Futures and Options Association has appointed Oxera, an
independent economics consultancy, to survey market opinion
towards Intercontinental Exchange (ICE) Clear, Liffe Clear and
the prospects for a Clearing and Settlement Code of
The industry association said the focus will be on its
advantages and disadvantages; the different views on whether or
not there is any adverse impact on market competition to
exchange-integrated clearing; and, whether or not
interoperability is a practical move and, if so, what are the
key specifications for any such model.
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