Brexit Runs Risk of Increasing Clearing Costs, Fragmentation for Industry

[kreslik.news]

London’s role as the paramount leader of clearing euro derivatives could be in jeopardy as the country grapples with Brexit negotiations – the country’s schism with the EU could also likely see a changing of the guard, with venues such as Euronext poised to win over new business.

The London Summit 2017 is coming, get involved!

Euronext is one of many exchanges eagerly watching Brexit negotiations. As a key exchange and player in Europe, the group hawkishly sees an opportunity as Brexit finally materializes, namely as London may have its dominance as the unquestioned financial hub in Europe undermined, according ... (read more)