December 3, 2018 / 12:17 PM / 15 days ago

Aquis urges EU to allow investors to continue trading Swiss shares

LONDON, Dec 3 (Reuters) - The European Union is playing politics if it stops EU investors from trading Swiss shares from January, a senior stock exchange industry official said on Monday.

Alasdair Haynes, chief executive of Aquis exchange, said the EU should grant a year’s extension to allow EU investors to continue trading in Swiss shares. Without an extension, Switzerland has said it would ban the trading of Swiss shares outside the Alpine state in a tit-for-tat move.

“We are monitoring the situation on a daily basis,” Haynes told Reuters. London-based Aquis trades 5 percent of Swiss shares in Europe.

Reporting by Huw Jones; Editing by Alison Williams

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