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European rules to allow trading outside bourses

Article Abstract:

Legislators in Europe said that banks can trade stock outside stock exchanges under certain conditions. The legislators reached a compromise in a conflict between bourses and financial institutions.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Europe, Stock-exchange, Stock exchanges

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EU backs legislation on trading by banks

Article Abstract:

The European Union has expressed its support for legislation that permits banks to trade stock outside of stock exchanges. However, the EU did restrict the scope of the new regulations.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
European Union

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Subjects list: Banking industry, Laws, regulations and rules, Banks (Finance), Government regulation, Securities, Company securities
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