Euronext growing competition with LSE

22 March 2004

Euronext announced on Friday, as the company unveiled its company full-year results, plans to offer trading in the biggest UK stocks on its own platform. This step can be seen as retaliation against the London Stock Exchange’s move to undercut trading fees on Amsterdam-listed stocks from late May.

M Theodore, chief executive of Euronext, said that Euronext would offer a cut-price trading service for all the FTSE 100 stocks now quoted in London.

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