FCA flags clearing, trading competition concerns

The Financial Conduct Authority on Monday expressed concerns over the potential consolidation of market power in the hands of a few trading and clearing players, saying that a "lack of competition" could result in "higher prices" or a reluctance to invest to meet client needs.

  • By Costas Mourselas
  • 09 Apr 2018

The concerns were revealed in the regulator’s sector view report, published alongside a business plan for the year in which it outlined areas of focus. 

In the sector view, the FCA referred to “network effects” as a cause of market power consolidation, which in the context of trading ...

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