Europe’s share of global equities traded by value has more than halved since 2007, from 24% to 11% as the US has extended its dominance and trading in Asia has jumped from 16% to 23%.

The analysis was produced by investment bank Credit Suisse this month, covering a period between 2007 and the end of April this year. It shows the US now accounts for two-thirds of global equities traded, up from 60% in 2007.