However, only about five or six of them have direct access to the supply of options from debt issuers; the others must depend on the interdealer market for a substantial portion of their supply.
The digital underworld is an ever growing threat to financial stability. Prevention of cyber-attacks is a constant challenge for both the bankers and the regulatory authorities. Ladies and Gentlemen, no matter how elaborate, effective and comprehensive our regulatory and supervisory firepower will be, there will always be some element of residual risk that will defy our endeavours to contain them.