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December 2002

Building a Transatlantic Securities Market

Author:	Benn Steil, Senior Fellow and Director of International Economics

This authoritative report urges a United States-European Union accord on transatlantic exchange access to jump-start integration of each side’s mammoth securities market. According to the report, written by a leading authority on exchanges and market regulation, such an accord would significantly cut transatlantic trading costs as well as the cost of capital for American and European companies.

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