The wave of demutualisation that swept the market in the1990s and 2000s has radically altered the infrastructure of global derivativestrading.

It has enabled the creation of multi-national exchangegroups and led to a wave of mergers as exchange access to capital reachedunprecedented levels.

Some trading firms have claimed, however, that thisexpansion has been at the expense of the market, as loyalty to exchange membershas been replaced by the need to satisfy shareholders.

On December 9, Charlotte Crosswell, CEO of NLX, will gohead-to-head with Ruben Lee, CEO of the Oxford Finance Group to debate theissue.

Crosswell will argue for the motion: Exchangedemutualisation has been of detriment to the market while Lee will argue thebenefits of demutualisation.

Register today to secure your place. The event is free tothe buy-side, prop traders and banks, brokers and futures commission merchants.

To register and view the full agenda visit: http://bit.ly/1oPIqhE