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The Europeans Are Coming! Two Continents Collide on Derivatives, Raising Hell in Chicago

Traders Magazine, November 2004

Mark Longo

European and American disputes go beyond George Bush, tariffs and Iraq. The two continents are also clashing over the best derivatives exchange model, whether American exchanges are trying to mask their shortcoming behind regulatory barriers, and if Europe is strong enough to process large derivatives volumes. These disagreements were recently aired at a conference in Chicago, in which European officials strongly criticized their American counterparts.

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