LSE-owned derivatives market cuts fees amid dwindling trades

The Italian derivatives market owned by the London Stock Exchange has cut its fees to become “more competitive” amid dwindling trading volumes at the Milan-based bourse.

Idem, which is owned by the LSE following its acquisition of Italian exchange group Borsa Italiana 18 months ago, said yesterday it is to introduce a new pricing scheme for single stock derivatives on March 2 to "guarantee more efficient trading conditions for intermediaries".

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