Bellegarde: Data Never More Important

"This is an unprecedented time for the financial markets," Bellegarde told delegates. "With this in mind, transparent data has never been more important.... While it may not have prevented the current crisis, [without current levels of transparency] the crisis could have got even more out of control."

The market is also seeing change in the form of new trading venues created as a result of last year's Markets in Financial Instruments Directive. "These are all seeking to exploit inefficiencies

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