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Bloomberg FX Survey Reveals Anxiety on Market Regulations

Posted on November 19, 2010 at 14:09 in Forex by Francesc

Bloomberg FX Survey Reveals Anxiety on Market Regulations
By Bloomberg
Bloomberg Foreign Exchange executives today said a survey of FX professionals showed uneasiness over the impact of regulation and changes to market structure. More than 80 percent of those polled at a Bloomberg FX conference said they were concerned about the impact of recent regulations on their businesses.
The Bloomberg FX survey found that market participants are against structural reform and are at odds as to which industry model is best for the future. The majority of the respondents remain opposed to an exchange-traded model or a clearing house model, while nineteen percent believe the FX markets should have both clearing houses and exchange-traded requirements.

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