Equiduct Systems is planning move into the Italian market, Financial News reports. The trading platform is seeking to set up a low-cost, retail-focused venue, which will bring it into direct competition with Milan-based stock exchange, Borsa Italiana.

The platform will start trading in Italian stocks before June this year. Equiduct Systems provides European retail investors the opportunity to get the best prices on U.K. and German equities, as well as those listed on NYSE Euronext markets in Belgium, France, Portugal and the Netherlands.

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