The clash between the two sides could have negative implications for share prices and liquidity
Thursday 04 Jul 2019 Author: Martin Gamble
Investment firms in the EU are no longer allowed to deal shares listed on the Swiss stock exchange directly in Switzerland, prompting Switzerland to ban the trading of shares in Swiss-headquartered firms on EU markets. The European Commission has decided not to renew an agreement known as ‘equivalence’ so Swiss and EU investors can no longer freely trade across each others’ borders. The permit was always meant to be...