6 Pages Posted: 16 Mar 2005
With the growing appeal of cross-border trading in Europe, efforts are under way to establish consolidated exchanges that offer trading in stocks from many European countries. An analysis of these evolving pan-European exchanges suggests that consolidation could reduce the costs and complications of cross-border trading through such enhancements as a standardization of trading platforms. Yet regulatory, legal, and economic barriers to the creation of these exchanges may delay any benefits of consolidation.
Keywords: Stock exchange, Europe, Consolidation, International, Trading
JEL Classification: G24, G28, G15
Suggested Citation: Suggested Citation
McAndrews, James and Stefanadis, Christodoulos, The Consolidation of European Stock Exchanges. Current Issues in Economics and Finance, Vol. 8, No. 6, June 2002. Available at SSRN: https://ssrn.com/abstract=687851
By Jan Kregel