Resources
See latest resources ยป
Cutting costs in transatlantic trading

Cutting costs in transatlantic trading

Source:

Transatlantic securities trading costs could be cut by up to 60% if protectionist regulatory barriers to exchange access are removed according to this report published by the International Securities Market Association (Isma).

The paper, authored by Benn Steil, director of international economics at the Council on Foreign Relations, urges an US-EU accord on transatlantic exchange access to jumpstart integration of the two mammoth securities markets.
The document analyses the economic impact of the recent expansion of automated trading networks, and concludes that the benefits of US-EU market integration far outweigh those of the current EU initiative to liberalise intra-European market access.
The report proposes an alternative mutual recognition regime that would allow exchanges authorised on one side of the Atlantic to offer direct trading access to professional investors based on the other.


Download the document now 571Kb PDF

Comments: (0)

Research resources
See all Research resources »
Payments Modernisation: Interoperability fuels the transformation of Cross-Border Payments
/research

Payments Modernisation: Interoperability fuels the transformation of Cross-Border Payments

Register for our latest webinar with Bottomline on Thursday 3 December 2020 at as industry experts discuss the Payments Modernisation: Interoperability fuels the transformation of Cross-Border Payments

On-Demand Webinar - The Art and Science of Customer Relationships
/research

On-Demand Webinar - The Art and Science of Customer Relationships

Accurately quantifying customer experience can seem an immensely nebulous task. While the benefits of improving this are evident, there is no clear method of measuring it.

Central Bank Digital Currency and Monetary Policy
/research

Central Bank Digital Currency and Monetary Policy

A Bank of Canada investigation into the benefits and costs of issuing a central bank digital currency for monetary policy.