Open Access, open minds.
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Martin Pluves, Chief Executive, LCH.Clearnet Ltd, contributes to FIA's report on derivatives clearing.
"Open access is as much a mindset as a matter of regulatory policy. In our case, it’s a belief that by clearing across a range of execution venues, we provide choice for members and stimulate healthy competition. We’re not alone in this viewpoint. In a straw poll taken at FIA and FIA Europe’s IDX 2015 conference, 90 per cent of attendees supported the principles of open access, while 80 per cent believed that it increases competition and spurs innovation."