The ability to trade ETFs on exchange is becoming increasingly important, says the London Stock Exchange's head of ETFs.
"London has traditionally had a lot of activity off exchange. Recently the situation is changing; talking to asset managers and players in the industry it is an important value to bring the ticket on exchange because we are a regulated market," says Pietro Poletto, head of ETF and fixed income markets at the LSE. He says that for the market makers on-exchange trading will help them to generate business because the exchanges are governed by rules which are recognised throughout the market. For the asset managers, having a ticket on screen and a central counterparty is important for compli...
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