SEF Rule Delays Present Issues and Opportunities

City of London
FPL's 2013 EMEA Trading Conference was held at Old Billingsgate, in the City of London.

Speaking during a discussion of over-the-counter (OTC) derivatives reform, several participants said that the postponement of final rules, and an unclear future regulatory structure, meant that platform providers are being forced to account for all possible outcomes.

"It's incredibly difficult to decipher where the financial markets are going to end up," said Peter Best, business manager at interdealer broker ICAP. "There's so much mooted regulation, but there's not a lot of concrete regulation

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