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ECNs in Europe: The Calm Before the Storm?

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LONDON--There has been surprisingly little activity in European ECNs, despite the hype of the last few years and their relative success in the US.

One of the main hopes for ECNs was that they would establish a cross-European trading platform for the major blue-chip European shares. With the advent of the Euro and the emergence of cross-border sector-based trading strategies, the conditions seemed to be right for ECNs to thrive. But it just hasn’t happened.

Tradepoint (technically an exchange

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