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Europe Loses a Stock Market as Oslo Bors Plans a Dark Pool

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The owner of Oslo’s stock exchange is closing a trading venue that failed to gain traction from European regulatory changes that increased regional competition.

Oslo Bors VPS Holding ASA said April 30 will be the final day for Burgundy, a venue for Swedish, Danish and Finnish equities. It bought the market from a group of banks at the beginning of 2013.