By Huw Jones
LONDON (Reuters) – Cboe Global Markets said on Tuesday it has launched a tariff program to attract retail brokers, as bourses, asset managers and banks urge the European Union to improve retail access to the bloc’s capital market to catch up with Wall Street.
The exchange operator said it launched the tariff program last Friday.
Retail investors make up about 14% of on-exchange share trading in Europe, compared with roughly triple this in the United States, Natan Tiefenbrun, president of North American and European equities at Chicago-based Cboe, told reporters.
An EU ban from June 2026 on payment for order flow, or where…
