EU-US split here to stay, exchange heads fear
Regulatory divide between US and Europe will remain "for years to come", says Eurex's Preuss - and is already making it harder to compete
European and US derivatives regulation will remain split for years to come, potentially limiting competition and threatening liquidity, according to the heads of two major exchanges.
Speaking today at the Futures Industry Association's IDX conference in London, Andreas Preuss, chief executive of Eurex, warned that twin-speed market reforms – and conflicting national priorities – are making it harder for exchanges and clearing houses to reach customers on both sides of the Atlantic.
"We have, and
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