The intent of the meeting was to stick to the agenda of a long term vision but you can never deny an angry market trader who wants to talk about unresolved issues no matter where they fit into the “big picture”. There were many such issues raised by many traders and we won’t go into detail right now but in summary we can say –1. There are many issues that trader’s consider unresolved.
2. The MCC representatives and QVM Board Chairman showed impressive commitment to consider those issues as part of the long term strategy process including the Chairman making himself available to traders on a weekly basis.
3. There was general agreement that the major issue was establishing effective communication channels through all levels.
If you didn't turn up, you missed an illuminating, and at times volatile, discussion. More details tomorrow.