Brexit – EU Proposes Single Stock Report to Compete With London – Reuters

The European Union will propose a single report on stock market transactions as part of efforts to build a “truly integrated” capital market after Brexit, an EU document showed on Thursday.

The European Commission is working on the next phase in creating a capital markets union (CMU) to help companies raise more funds by issuing stocks and bonds as the economy recovers from COVID-19.

A “consolidated tape” that knits together upwards of 20 trading platforms across Europe is a longstanding ambition to replicate the efficiencies of the U.S. stock market.

It would give investors a snapshot of prices at which each stock is traded. Some stocks are traded on multiple platforms, making it harder to see if investors are getting the best deal.

This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.