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End Users Outraged Over Exclusion From ESMA Advisory Group

Industrial companies that use derivatives have expressed outrage that none of their ranks managed to secure a spot on the 29-member advisory group on implementing market reforms being formed by the European Securities Market Authority, reports Financial Times.

Industrial companies that use derivatives have expressed outrage that none of their ranks managed to secure a spot on the 29-member advisory group on implementing market reforms being formed by the European Securities Market Authority. Only one bank—JPMorgan—was selected for the securities and markets stakeholder group, which includes the London Stock Exchange, NYSE Euronext, Eurex and the Federation of European Securities Exchanges, among others.

Click here to read the story from The Financial Times

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