exchange operator euronext suspends trading ahead of court ruling
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Exchange operator Euronext suspends trading ahead of court ruling

Arab Today, arab today

Arab Today, arab today Exchange operator Euronext suspends trading ahead of court ruling

Euronext, a European stock exchange, operates in Amsterdam
Paris - AFP

Stock exchange operator Euronext on Thursday said it was suspending trading in its own shares ahead of a decision by a Dutch court relating to capital requirements.

The group said the move was "a precautionary action" ahead of a ruling by the Rotterdam District Court which should be handed down "during the morning" regarding a dispute with the Dutch finance minister over consolidated capital requirements.

After receiving the verdict, Euronext would release a statement "after which trading will resume as soon as possible," said a statement by the group whose shares are listed on exchanges in Paris, Amsterdam and Brussels.

 

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