London exchanges tell clients they may have to delist Swiss stocks in EU equivalence row – CityAM

City A.M. | Jun 25, 2019 at 3:53 PM
  • London-based exchanges have warned clients that they will be unable to trade Swiss stocks after 30 June because of a spat between Switzerland and the European Union.
  • The move follows the EU not extending stock market equivalence to Switzerland after Brussels grew frustrated with a lack of movement on an EU-Swiss accord.
  • Stock market equivalence is the recognition that Switzerland’s regulations are as tough as the EU’s own.