Banks propose one-year trial of shorter European trading day
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LONDON (Reuters) - Two leading financial industry bodies have called for a one-year trial of a shorter trading day for European stock exchanges to make markets more efficient, lift volumes, and attract more women to the sector.The Association for Financial Markets in Europe (AFME), a banking lobby, and the Investment Association (IA), which represent asset managers, said trading on the London Stock Exchange should be cut by 90 minutes, shrinking the trading day to seven hours.They proposed two..