FESE Urges European Exchanges Remain Open in Coronavirus Crisis

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European exchanges will be impacted by the ongoing spread of coronavirus but must continue to operate as normal, the Federation of European Security Exchanges (FESE) has asserted. The FESE, with members comprising of European exchange operators, stated it was vital that markets stay open, and detailed the important role exchanges play in providing price formation, transparency and liquidity. Preventing exchanges from operating would have a massive, detrimental impact on the economy, FESE added, with OTC markets in particular likely to see material impact from a closure of lit markets.

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