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Hex may lose Finnish share trading monopoly

The Finnish government is considering allowing new trading platforms to trade shares in listed companies, removing the monopoly held by Hex, the Helsinki stock exchange, and increasing competition within the stock exchange sector.

The Finnish government also plans to change the definition of a security in order to enable the exchange to &quotadopt and trade publicly new kinds of financial instruments which have been created in domestic and foreign securities markets.&quot Parliament is due to make a decision by the end of the year.

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