The shutting down of Kinnect ..

The shutting down of Kinnect, Lloyd's electronic trading platform represents a significant hurdle to the Financial Services Authority's directive on contract certainty, according to one consultancy firm. Simon Burtwell, head of Atos Consulting, said that in addition to this issue the collapse of the platform threw a question mark over the future role of Lloyd's. He said: "As a modern exchange, its role is to provide a central trading platform. Just providing the bricks and mortar and some of

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