Trading

Credit Suisse makes play to trade Europe’s passive investing snowball

The Swiss bank has set up an alternative way for fund managers to trade away from stock exchanges’ closing auctions

Credit Suisse has joined the battle for the billions of pounds of shares bought and sold by passive investors at the end of Europe’s trading day.

The Swiss bank has set up an alternative way for fund managers to trade away from stock exchanges’ closing auctions, which set the official end-of-day prices for thousands of shares across the region.

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