Inefficient EU securities market facing a crossroads

Compared with the US, the securities market in the EU is less economically efficient. This is because the regulatory system and the technical infrastructure for securities transactions differ between the two trade areas. Thomas Ordeberg has established this in a new doctoral dissertation from the Faculty of Law, Stockholm University. In the dissertation he also gives an account of what options the EU has available to make its securities market more efficient. Thomas Ordeberg is desk officer at the Ministry of Finance.