EU stocks traded on UK venue in GBP not subject to share trading rules in latest compromise

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European banks and buy-side firms will be able to trade certain EU-listed stocks on UK-based platforms post-Brexit, in a move that will ease some concern for market participants.

Under revised plans for the share trading obligation (STO), stocks with a European Economic Area (EEA) ISIN will not be subject to the share trading rules and can trade on UK trading venues post-Brexit if traded in pound sterling.

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