Pan-European approach starts to pay off for Virt-x

There should be cost advantages to using a pan-European equities exchange such as Virt-x. However, some potential users say complexity outweighs savings and much of Virt-x’s market share is Swiss stocks.

       
Antoinette Hunziker-Ebneter:
open to cooperation if a deal
makes sense

Virt-x, the European blue-chip equity exchange, is close to hitting a long-held target of capturing 10% of European blue-chip equity volumes by the end of June – the exchange’s first anniversary.

Antoinette Hunziker-Ebneter (pictured left), Virt-x’s chief executive, says: “Our benchmark is the Dow Jones Stoxx 600 and in March and April we have reached this 10% several times. We are not yet there, because we want to reach it on a consistent basis, but we are almost there.

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