Why 34 European Stock Markets Aren’t Enough for Project Plato
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Why would a region with 34 stock markets need one more?
Because banks and fund managers say they need a way to circumvent new European Union restrictions on trading shares away from the gaze of public scrutiny. That’s why eight financial institutions have rallied behind Plato Partnership Ltd., a venue designed to exploit a loophole to the new rules: a get-out clause for the biggest trades.