Fragmented Surveillance Approach Superior to Single Source

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TradeTech Europe 2013 is being held in London.

On a late panel yesterday, moderated by Deutsche Bank's market structure director, Stephen McGoldrick, panelists said that the rapidity and nature of modern markets, and the styles of trading that are evolving, made it difficult to subsume responsibility for oversight to a single entity. Instead, said the speakers, who included representatives from cash-equities central counterparty (CCP) EMCF, EuroTLX and Finance Watch, a broad range of market actors should assume responsibility.

"The level of

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