EU to consider lessons from frenzied retail trading on Wall Street



© Reuters. FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels

LONDON (Reuters) – The European Union will consider potential lessons from the recent frenzied trading by retail investors on Wall Street in its broad review of consumer protection in markets, a senior European Commission official said on Friday.

The rise of retail investors in share trading is a trend that cannot be prevented but it has to be managed, said John Berrigan, head of the EU executive’s financial services unit.

“We want to take a European perspective and not assume that what happened in the U.S. can happen here,” Berrigan told an EU online event.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

READ  Comic: Traders Brace For Flood Of Market-Moving Events In The Week Ahead





READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here