Virt-x Exchange Attracts Liquidity, Gains SEC Approval
EXCHANGE TECHNOLOGIES
LONDON--Virt-x, the new pan-European stock exchange, launched last week, attracting early liquidity in UK shares as well as Swiss.
The Securities and Exchange Commission gave its approval to Virt-x last week, making Virt-x the only European stock exchange to hold this distinction. US investors cannot trade Swiss shares via Virt-x, only UK shares, as partner Tradepoint had originally received the approval.
On its inaugural day, Virt-x took about 23 percent of all UK share trading in Glaxo Smith
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