EU Moves to Ease One Share-Trading Headache After Brexit
- Regulator’s decision allows more trading in London markets
- Ruling applies to European shares traded in British pounds
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European Union regulators took a step to minimize disruptions in equity markets after the end of the Brexit transition period.
Even if no alternative arrangements are put in place, investors in the bloc will be allowed to buy and sell European shares on U.K. exchanges if the trading occurs in British pounds, the Paris-based European Securities and Markets Authority said. It’s a specific case that concerns less than 50 issuers and amounts to less than 1% of EU trading activity, it said.