David Haberfellner

Retail investing is structurally underdeveloped in Europe- but that’s starting to shift. With broker platforms offering recurring investment models and exchanges designing app-friendly interfaces and smarter execution routes, a new wave of retail flow is entering the market. But friction remains: from limited incentives and regulatory levers to fragmented infrastructure and internal workflow challenges. This session brings together platforms, policy voices, exchanges, and institutional practitioners to explore what’s needed to modernise Europe’s retail market structure- and how these steady flows are already reshaping liquidity, routing, and execution dynamics.