THE DUTCH CASH equities market has become the latest battlefield in the war between Europe’s largest exchange groups, with both Deutsche Börse and London Stock Exchange launching services to steal trading in Dutch stocks from the incumbent French-led Euronext group. If successful, the LSE proposal could have profound implications for the shape of Europe’s cash trading market structure.
Curiously, industry support for the efforts has been vocal, despite the fact that virtually no-one outside Deutsche Börse or LSE thinks either exchange’s service has much hope of great success.
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