Jan
21
Brexit Forces Equity, Foreign-Exchange Markets to Leave London
By-
Cboe to trade European stocks from Netherlands, not the U.K.
- CME moves its foreign exchange derivatives market to Amsterdam
Two key markets are moving out of the U.K. as Brexit forces finance firms to put more of the region’s trading infrastructure on the continent.
CME Group Inc. will move its foreign-exchange forwards and swaps venue, which has trading volumes of about $15 billion a day, from London to Amsterdam, while Cboe Global Markets Inc. will shift most European equities trading to its market in the Dutch capital after Brexit…
Brexit Forces Equity, Foreign-Exchange Markets to Leave London
