By editorial@silicon.com, 7 July 2000 17:30
NEWS Tradepoint, the online rival to the London Stock Exchange, opens its doors on Monday, providing the first chance to trade European shares on a single exchange. The pan-European exchange will add 230 leading European stocks to its 2,000 British equities, covering the entire FTSE Eurotop 300 index. Trading hours will be 07:30 to 17:30 BST, covering all the time zones of Europe. It also plans to cut its charges for the first six months in a bid to gain a market lead before the merger between London and Frankfurt stock exchanges and Euronext - the French, Dutch and Belgian merger - have been completed. European stocks will be traded in euros, while currencies outside the single currency will be priced in their domestic currency.
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