Investors in Europe learned the hard way this month that key structural differences between some of the region’s main stock exchanges and their U.S. counterparts put them at a costly disadvantage when it comes to trading stocks.

On Oct. 19, technical glitches halted trading on two separate occasions, risking potential losses for investors that trade stocks on five of the six European marketplaces owned by Euronext NV, including those in Paris, Amsterdam and Lisbon. The breakdown bolstered arguments for Europe to follow the…

This post first appeared on wsj.com

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