“Some of the regulatory changes that happened last year and this year have pushed some players to trade more through derivatives rather than using the cash markets or stock markets directly.”

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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“Some of the regulatory changes that happened last year and this year have pushed some players to trade more through derivatives rather than using the cash markets or stock markets directly.”

—Michael Bitton, Europe, Middle East and Africa head of delta one at Citigroup in London, on the spike in demand for delta one products.

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