Stock Exchange Mergers – The new Driver in the Harmonisation of Securities Market Regulation?
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The creation of a single European financial market has been pursued vigorously through a number of harmonisation initiatives by European lawmakers and by some of the cross-border alliances between European stock exchanges. The very ambitious plans for harmonisation in the OMX and the Euronext alliances are examined. Even though many areas have successfully been harmonised, it is documented that important aspects of harmonisation have not been achieved and the reasons for this are analysed. Finally, it is examined how the fact that the alliances in 2007 became part of the transatlantic alliances NASDAQ OMX and NYSE Euronext may change the harmonisation strategy in future.
© Copyright 2009 by the European Company and Financial Law Review (ECFR)
Articles in the same Issue
- Abuse of Law in the Context of European Insolvency Law
- Stock Exchange Mergers – The new Driver in the Harmonisation of Securities Market Regulation?
- Comparative Study of the Company Types in Selected EU States
- Freedom of Establishment for Companies: the European Court of Justice confirms and refines its Daily Mail Decision in the Cartesio Case C-210/06
Articles in the same Issue
- Abuse of Law in the Context of European Insolvency Law
- Stock Exchange Mergers – The new Driver in the Harmonisation of Securities Market Regulation?
- Comparative Study of the Company Types in Selected EU States
- Freedom of Establishment for Companies: the European Court of Justice confirms and refines its Daily Mail Decision in the Cartesio Case C-210/06
