There has been a bit of moaning and groaning going on about EBS’ plans to introduce greater order book transparency. I got a call last week from one old sell-side mucker asking me if I’d seen it. And I have – it was on full display in Icap’s lobby in London when I paid the broker a visit a couple of weeks back.
Almost a decade ago, I used to spend most of my day staring at Eurex’s Bund futures.
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