LONDON (Reuters) - Trading platforms for UK government bonds and related markets must tell the Financial Conduct Authority in real-time about any big deterioration in market conditions, a source familiar with the regulator said on Monday.
LONDON (Reuters) – Trading platforms for UK government bonds and related markets must tell the Financial Conduct Authority in real-time about any big deterioration in market conditions, a source familiar with the regulator said on Monday.
The FCA sent a letter to all venues operating gilts or related markets on Friday asking for “real-time notifications of significant deteriorations in market conditions”, the source said.
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