Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Euro Clearing Likely To Move From London After Brexit

Date 15/12/2016

According to Reuters, the European Union is considering legislative measures to move London's euro-denominated clearing business to the euro zone after Britain leaves the EU.

London dominates clearing of derivatives denominated in euros, mainly via LCH.Clearnet, owned by the London Stock Exchange Group.