ESMA calls for clarity on the qualification of fractional shares
By EsqSocial Corporation 18/04/25
The European Securities and Markets Authority (ESMA) has published a letter to the European Commission on the inconsistent regulation of trading of fractional shares across the EU. There has been an increase in the significance of fractional shares, which accounted for more than 10% of the total number of transactions reported in 2023-2024.......
By: A&O Shearman