Secondary blocks market reopens with big Swiss trades

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Secondary blocks market reopens with big Swiss trades

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One Swiss Franc coin on fluctuating graph. Rate of the Swiss Franc (shallow DOF) | VALERIYA POTAPOVA/Valerie Potapova - stock.adobe.com

European equity capital markets investors had a big night of secondary blocks to look at on Monday, with two large Swiss trades which totalled around Sfr1bn ($1.09bn) of volume combined. The transactions showed that there is still a market for block trades in large, liquid stocks with recent ECM pedigree.

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