European Markets

StateTrust executes Euro denominated trades in equities, sovereign and corporate debt, funds and ETFs.  European Capital markets are divided into two main areas:

  • European Union - 27 countries (Euro Currency centric)
  • Other European Economies not yet integrated into the European Union

The European Union (EU) is a unique economic and political partnership between 27 European countries.  The EU has developed into a single market with the Euro as its common currency.  What began as a purely economic union has evolved into an organization spanning all areas, from developmental aid to financial regulation and environmental policy.  The aggregate GDP or output of goods and services in the EU (12 trillion Euros) is now bigger than that of the U.S.

Despite the fact that Europe has experienced a severe public debt crisis, 13 countries from Western Europe are among the 25 strongest according to the Financial Development Index Report: England, Switzerland, Netherlands, Denmark, France, Germany, Belgium, Sweden, Spain, Norway, Austria, Finland and Italy. Among them, 7 are in the top 20 so-called financial stability pillars: Switzerland, Denmark, France, Germany, Sweden, Norway and Finland.  StateTrust trades securities issued in these countries' debt and equity markets as well as their respective currencies.

Besides currency integration made possible by the Euro, the European Union financial authorities are working on  financial integration which is only possible if financial stability arrangements are adopted by all member countries.

Europe is the world's second smallest continent by surface area covering about 10,180,000 square kilometers (3,930,000 square miles) or 2% of the earth's surface and 6.8% of its land area.  Of Europe's 50 states, Russia is the largest in both area and population.  Europe is the third largest continent by population after Asia and Africa with a population of 731 million (about 11% of the world's population).

Money and the EU

The EU budget is funded from different sources including a percentage of each member country's gross national product.  It is spent on efforts as diverse as raising the standard of living in poorer regions and ensuring food safety.  The Euro currency, used everyday by some 327 million Europeans, is the most tangible proof of cooperation between EU countries.

StateTrust actively trades instruments of the following European Market countries:

  • Western Europe: Spain, France, Italy, Germany, Greece, Switzerland, Austria, Portugal, Scandinavian countries.
  • Eastern Europe: 
    • Baltic States:  Estonia, Latvia, Lithuania
    • Transcaucasia:  Armenia, Azerbaijan, Georgia
    • Former Soviet States:  Russia, Ukraine, Belarus, Moldova, Kazakhstan
  • Central Europe:
    • Czech Republic, Slovakia, Hungary, Poland
  • Southeastern Europe:
    • Albania, Bosnia, Bulgaria, Croatia, Cyprus, Kosovo, Macedonia, Montenegro, Romania, Serbia