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EU markets watchdog intervenes in share trading ahead of Brexit

Reuters  |  LONDON 

By Huw JonesLONDON (Reuters) - The European Union's markets watchdog has proposed measures to stop share trading platforms based outside the bloc having an unfair advantage over EU rivals as Britain readies for Brexit.The European Securities and Markets Authority (ESMA) said on Friday it wanted to make sure that minimum "tick sizes" or monetary increments for non-EU shares traded in the European Union are in line with tick sizes in their home market to avoid unfair competition.Britain is home to the EU's main pan-EU trading platforms like Cboe Europe and London Stock Exchange's Turquoise. ...

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First Published: Fri, July 13 2018. 15:04 IST