Finance
UK Weighs Rule Changes to Lure Trading Giants to London Markets
- FCA explores removing barriers for non-bank trading houses
- Citadel Securities, Jane Street among biggest market makers
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The UK could allow easier market access for specialist trading houses that don’t hold retail deposits, the head of the Financial Conduct Authority said on Tuesday.
The regulator is exploring adjustments that could encourage wholesale trading and boost liquidity, according Nikhil Rathi’s published speech for the FCA’s international markets conference in London.