Uncertainty surrounding the outcome of European and US regulation is leading the post-trade industry to make unnecessary technology and infrastructure investments – with half of future investment during the next two years set to be wasted, an expert has warned.

Speaking at Sibos international conference in Amsterdam last week, Kevin Milne, director of post-trade services for the London Stock Exchange, warned delegates attending a discussion panel on the post-trade space that regulatory uncertainty is leading the industry to make unnecessary technology and infrastructure investments.