Visionaries have long dreamed of trading European equities with equal ease across the continent in a single super-exchange. They picture a market for the continent’s biggest blue chips. London’s SEAQ International might once have claimed to be that market. Continental exchanges have made ambitious plans to link up. But it now seems a smaller companies exchange will be Europe’s first unified market.
The ambition of the European Association of Securities Dealers came closer to being realized last month.
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