I think the overall regulatory approvals will not be very challenging.

John Ramsay

Categorized in : Energy

The current market ecosystem is not sustainable, and significant changes are coming one way or another.

significant-change ecosystems way

Hark! o'er the dread abyss the sea-bird screams-- The rocks resound--again the lightning gleams!

By fancy's aid I see the lightning fly, And the hoarse thunder roll along the sky.

lightning fancy sky

We are prepared to discuss options with the whole industry, including Monsanto, but our focus has got to be on the ability to actually believe in the value creation and have the confidence we can pull it off.

The whole point of having a last price consolidated data stream is a single way of understanding last sale and best bid that everybody can rely on, people can't just pick whatever method they think benefits them and call that reliable.

It's a fundamental issue about fairness and transparency.

We are in a position to think in a fresh way about what an exchange should be, how it should be organized and the level of accountability and transparency that exchanges ought to have, unless we fix the governance piece we're just not going to have the transparency and accountability that you need.