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Anon at 9.26 you are absolutely correct. The problem is that your proposals are at odds with the BFG, who's greedy equity partners wish is to fix the market for their own ends. Certainly, they have no interest in paying their staff a decent wage and by extension, have little interest in maintaining a decent CDS. The delicious irony of course, is that the greedy members of the BFG who failed to get contracts, may be the ones who defeat TT. When this is all resolved, we need a small firms group to fight for our interests. I am afraid that the CLSA & LCCSA have shown themselves beholden to the BFG to our cost.