We examine how euro conversion affected trading costs and volume in European equity markets. Euro conversion … deteriorated in some markets and improved in others. These effects occurred on both euro and non-euro European exchanges. Our … results are strongly consistent with the hypothesis that euro conversion boosted competition for order flow among the …

, very few studies have discussed the impact of the euro on the competitive structure of European banking markets. Two … questions are being addressed in this paper: How does the move from national currencies to the euro alter the sources of … management, or the euro-francs and euro-guilder bond markets are quite fragmented with domestic institutions capturing a very …