Banks, funds propose shorter trading day in Europe, bourses split

LONDON (Reuters) - Banks and fund managers want the European stock trading day shortened by 90 minutes in a radical move they say would improve market efficiency and staff wellbeing - but exchanges are split.The Association for Financial Markets in Europe (AFME), a banking industry body, and UK-based Investment Association (IA), which represents asset managers, said Europe had some of the longest trading hours in the world at 8-1/2 hours.This compares with 6-1/2 hours on Wall Street and 6 hours..