The Day After Brexit: Circuit Breakers, Stock Market Rout & Interventions

[kreslik.news]

The final tally from the United Kingdom’s vote is in with Brexit narrowly winning. As a result global stock markets have plummeted across the board with Euro Stoxx 50 opening lower by 11 per cent. That meant that a number of brokerages who have not been that focused on the CFDs risks arising from Brexit could have been affected materially.

The CEO of Deutsche Bank John Cryan has commented on the Brexit result from the referendum that all sides are set to lose from the outcome. With the stock market value of systemically important banks dwindling and Barclays, RBS and ... (read more)