Academic Research from Plato Partnership: Market Fragmentation in Europe

London, UK, 08/11/2022 - Plato Partnership, the not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, today released a new piece of sponsored academic research entitled ‘Market Fragmentation in Europe’. The research has been conducted by leading academic Björn Hagströmer, Professor of Finance at Stockholm Business School, Stockholm University.

This research paper covers:  

-       Ways in which the European equity trading landscape has changed and fragmented in 2022,

-       The complexities of modern European exchange groups and the impact of this shift on market quality, liquidity, and the marketplace more generally, and

-       Theoretical and empirical analysis and evidence of the impact of fragmentation on both lit and dark markets.

This research is part of Plato Partnership’s Market Innovator (MI3) initiative, where the industry collaborates with leading academics to select the most important research topics for the marketplace. Plato then commissions, sponsors, and makes the research available for all market participants.