Word has it – from respectable sources – that Michel Barnier, the incoming Internal Markets Commissioner, thinks Stock Exchanges should be part of the national infrastructure. Hmm. In some eyes, an exchange should assist with the creation of an orderly market. You can certainly put a case for MiFID creating a disorderly market. Outgoing Commissioner Charlie [...]

Filed under: Exchanges, MiFID, regulation, Securities & Capital Markets | No Comments »

In Financial Speculation, Gerald Ashley has some advice for investors. But he doesn’t really expect them to take it. With 30 years experience in finance, including Baring Brothers in London and Hong Kong and the Bank for International Settlements, he knows his way around the markets. Despite the changes in technology – fast computers and [...]

Filed under: Securities & Capital Markets | No Comments »