The statement comes ahead of the move to T+1 settlement and follows widespread discussion around European 24-hour trading after Cboe, Nasdaq and other venues announced plans to extend US equities hours.
Latest report individually addresses every complaint by exchanges surrounding the original research and reaffirms original stance that the cost of data is too high.
Nasdaq has backed FESE’s claims that reducing market hours is the wrong move and would have no impact on the wellbeing of traders.
Despite the rapid spread of coronavirus, European exchanges must continue to operate, according to exchange association FESE.