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Well said Martin and it is a must if the industry is able to move to T+2.A question that will be put at the next Post Trade Forum. The conversion of treasury to asset settlement has to be closer and i can see this happening bit by bit

I think this is a very sensible decision that should allow faster roll out of LEI globally though various product and market silos. SWIFT still has a huge part to play and certain that they will step up to the plate. In my mind LEIs are far too important to stay with one authority. Now i hope to see fast lift off

Well i think it is a straight equation. Is increasing settlement fails with increased costs of financing and potential increased risks of systemic fails because a log jam of failed settlements increases counterparty risks worth it?

There is no point having a global standard settlment time frame if it increases risks and costs and markets can not comply

Very good news and more consolidation needed please. Great to hear that the Clearers are talking about cross margining and i hope we see evidence of agreement and operations soon

There are clearly pros and cons with HFT.It has in many respects assisted the market with price/spread reduction and i do beleive improved liquidity. However it is only open to a few to play and it does not appear to the Tax payer as a fair method of trading. It can also be open to abuse and manipulate markets to the benefit of the few and the expense of the many.

There does need to be some better management of the markets that allows the use of HFT but in a way the is clearly beneficial to everyone and understood as such by all

Totally agree with you and this was covered in the recent Post Trade Forum and again in last years. There is obviously a reason why Banks are not kicking harder against this odd solution to reduce risks. In my view any of the risks reduced by central clearing are replaced by more and more difficult risks to manage. The costs to the investor, the industry and eventually Governments will be huge. We do not need or want anything that limits liquidity and stunts growth. Sadly thats what they appear to want? Wierd or what?

Well done JPM for taking a lead that others should follow. Great great idea

Still hardly news for anyone but that maybe just me as a misserable old --- Wonder why SWIFT dont see the accreditation as important anymore? Guess its not news to them either

well done for being cheeky and getting your marketing in your resoponce

There are too many Trade groups doing far too much of the same. It fragments the industry and makes lobbying for changes difficult as there is no single group representing the industry. If it was me i would close many of them down and fold the rest that have any value into each other

Most of these groups are talking shops dominated by vendors with a commercial agenda. The world has moved on and the fragmentation in trade groups should be one of the easier things to consolidate

Not sure why this is news as it is something all vendors do in the space. Still a marketing oportunity i suppose