Difference between revisions of "European Industry Council"

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|org_name = European Industry Council
|org_name = European Industry Council
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|keypeople =      Anthony Belchambers
|keypeople =      [[Steve Sparke]], Chairman and Founder
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The European Industry Council is a lobby group set up to represent the interests of European derivatives exchanges, clearing houses and dealers in the face of new rules being drawn up in January 2010 by European policy-makers that could change the face of trading in this market.  It was formed under the auspices of the London-based Futures and Options Association.  
The European Industry Council is a lobby group set up to represent the interests of European derivatives exchanges, clearing houses and dealers in the face of new rules being drawn up in January 2010 by European policy-makers that could change the face of trading in this market.  It was formed under the auspices of the London-based [[Futures and Options Association]].  


The EIC will initially comprise representatives from these exchanges: ICE Futures Europe, the London Metal Exchange and NYSE Euronext; European clearing house company LCH.Clearnet; banks Deutsche Bank AG and Morgan Stanley; and brokerage Marex.<ref>{{cite web|url=http://online.wsj.com/article/BT-CO-20100113-703230.html?mod=WSJ_latestheadlines|name=European Derivatives Companies Form Regulatory Lobby Group|org=The Wall Street Journal|date=January 13, 2010}}</ref>
The EIC will initially comprise representatives from these exchanges: ICE Futures Europe, the London Metal Exchange and NYSE Euronext; European clearing house company LCH.Clearnet; banks Deutsche Bank AG and Morgan Stanley; and brokerage Marex.<ref>{{cite web|url=http://online.wsj.com/article/BT-CO-20100113-703230.html?mod=WSJ_latestheadlines|name=European Derivatives Companies Form Regulatory Lobby Group|org=The Wall Street Journal|date=January 13, 2010}}</ref>
The proposed regulatory developments with which the EIC is concerned include a 'Tobin tax' on transactions, limitations on bank ownership of clearing houses and the supervision of OTC markets.<ref>{{cite web|url=http://www.lse.co.uk/FinanceNews.asp?shareprice=&ArticleCode=tbmav2ay62m8t2p&ArticleHeadline=New_futures_options_group_to_focus_on_regulation|name=New futures, options group to focus on regulation|org=London South East|date=January 13, 2010}}</ref>


== History ==
== History ==
{{Infobox Midpage Need Sponsor}}


== Products and Services ==
== Products and Services ==
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<references />


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[[Category:London Metal Exchange]]
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Latest revision as of 19:35, 18 December 2015


European Industry Council
Founded 2010
Key People Steve Sparke, Chairman and Founder

The European Industry Council is a lobby group set up to represent the interests of European derivatives exchanges, clearing houses and dealers in the face of new rules being drawn up in January 2010 by European policy-makers that could change the face of trading in this market. It was formed under the auspices of the London-based Futures and Options Association.

The EIC will initially comprise representatives from these exchanges: ICE Futures Europe, the London Metal Exchange and NYSE Euronext; European clearing house company LCH.Clearnet; banks Deutsche Bank AG and Morgan Stanley; and brokerage Marex.[1]

The proposed regulatory developments with which the EIC is concerned include a 'Tobin tax' on transactions, limitations on bank ownership of clearing houses and the supervision of OTC markets.[2]

History[edit]

Products and Services[edit]

Membership[edit]

Key People[edit]

References[edit]