A key industry group is looking to expand the amount of information included in trade confirmations, giving the buyside greater detail about their trades—and increasing transparency in the marketplace.
At this point, nobody really thinks they'll pull it off. But as a final regulatory decision approaches, NYSE-Euronext and Deutsche Börse AG executives are working frantically to convince regulators that if they are allowed to combine, they won't devour Europe's futures and clearing business. Good luck with that.