Swiss stocks given all clear to resume trading in London

Swiss stocks given all clear to resume trading in London
Edward Thicknesse
© Provided by City AM
Shares in Swiss companies will once again be traded on UK exchanges after Switzerland’s financial regulator gave the move the all-clear this morning.
Since June 2019, a spat between the EU and Switzerland has meant that the bloc’s exchanges have been banned from Swiss shares.
But with the UK no longer a member of the EU, Swiss Financial Market Supervisory Authority (FINMA) has again approved UK trading venues.
Prior to the ban, London exchanges handled more than a quarter of Swiss shares every day – some €1.2bn, according to the CBOE.

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