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London Stock Exchange

Eurex’s welcome transparency

"Absence of news, finding reasons for the rise or fall of a stock price can be a very difficult thing.

"With so many actors seeking different outcomes, sometimes offering precise reasons is close to impossible. Furthermore, as a stock market reporter a decade ago, I learnt that traders could also come up with post-event explanations at remarkable speed.

"Many did not stand up to a moment’s scrutiny. One learned not to offer plausible reasons as they would be voraciously pounced on. The conversation, and by extension my call, could be moved on.

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