Filling Clara's Shoes

Firstly, this is probably the worst news for Furse's deputy and former Borsa Italiana CEO Massimo Capuano. It's far better news for either Chi-X Europe's Peter Randall or Turquoise's Eli Lederman. The best candidates to lead the LSE are mostly likely those who have caused the LSE the most grief in recent years.

The heads of the various multilateral trading facilities (MTFs) are experienced with the bleeding-edge technology to compete in the post-Markets in Financial Instrument Directive (Mifid)

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