Accordingly, it is now proposed to prescribe a framework for authorization of electronic dealing platforms for financial instruments regulated by the Reserve Bank of India. The overarching philosophy behind the framework would be to permit more than one electronic platform subject to eligibility and demand. The transactions on such platforms could be piped to the related settlement agency for post-trade processing, etc. VII.
You can see this clearly on Slide 6, which shows composite indicators of euro area financial integration produced by the ECB. The quantity-based indicator remains at about half of its pre-crisis peak, and at very low levels in absolute terms. [26] The price-based composite indicator is about 30% below.