Thomson Reuters Corp has announced that it will transfer its USD300 billion-a-day foreign exchange derivatives trading business to Dublin from London ahead of Britain’s departure from the European Union next year.
Thomson Reuters intends to transfer all “existing client relationships of the Thomson Reuters MTF and Dealing, as well as Fixed Income Callouts and Auctions, from RTSL to our new Irish legal entity ahead of the Brexit date.”
The company had said that there were no plans to move staff from London but that some new personnel would be hired in Dublin.
