Stock Exchange Mergers – The new Driver in the Harmonisation of Securities Market Regulation?

Clausen Nis Jul and Sørensen Karsten Engsig
Additional contact information
Clausen Nis Jul: *Professor, Department of Law, University of Southern Denmark.
Sørensen Karsten Engsig: **Professor, Centre for International Business Law, Aarhus School of Business, Aarhus University.

European Company and Financial Law Review, 2009, vol. 6, issue 1, 29-70

Abstract: The creation of a single European financial market has been pursued vigorously through a number of harmonisation initiatives by European lawmakers and by some of the cross-border alliances between European stock exchanges. The very ambitious plans for harmonisation in the OMX and the Euronext alliances are examined. Even though many areas have successfully been harmonised, it is documented that important aspects of harmonisation have not been achieved and the reasons for this are analysed. Finally, it is examined how the fact that the alliances in 2007 became part of the transatlantic alliances NASDAQ OMX and NYSE Euronext may change the harmonisation strategy in future.

Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/ECFR.2009.29 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:eucflr:v:6:y:2009:i:1:p:29-70:n:3

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/ecfr/html

DOI: 10.1515/ECFR.2009.29

Access Statistics for this article

European Company and Financial Law Review is currently edited by Heribert Hirte

More articles in European Company and Financial Law Review from De Gruyter
Bibliographic data for series maintained by Peter Golla ().