When the odds of expanding in its home market proved slim, the Berlin Börse (Berlin Stock Exchange) used new EU laws and ventured out into the world. Today, it’s a mecca for small European investors and companies looking for an easier European listing. But can growth continue as trading volumes across the continent contract?
The Berlin Börse was long known as a sleepy little haven for regional investors. Then came the EU’s 2007 “Markets in Financial Instruments Directive” (MiFID).
By harmonising investment regulations across Europe and allowing home countries to issue “passports” to domestic firms looking to expand financial services offerings within the EU, the directive opened new expansion possibilities for smaller markets. The Berlin Börse saw in this legislation an opportunity it couldn’t refuse: to grow and make money by reaching out to investors and brokers throughout Europe.
To read the full, original article click on this link: Summer Edition: How to excel when the market shrinks: Find your niche
