Nasdaq Europe has said it will expand derivatives clearing to include euro interest rate swaps (IRS) in the coming months,…
Providers of exchange-traded funds are calling for the U.K. and European Union to harmonize their rules. … European ETF market…
“Battle focuses on what EU sees as bloc’s over-reliance on London’s clearing houses handling euro-denominated derivatives.” https://www.theguardian.com/business/2022/dec/07/city-faces-fresh-post-brexit-blow-as-eu-moves-to-restrict-certain-trades
London’s status as the global hub for FX and derivatives trading is under threat for the first time since Brexit. Read…
https://www.bloomberg.com/news/articles/2021-05-11/new-york-wins-from-brexit-s-3-3-trillion-hit-to-u-k-swap-trade?utm_content=brexit&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-facebook-brexit
https://www.cityam.com/derivatives-hit-city-of-london-suffers-2-3-trillion-brexit-loss-in-a-single-month/amp/?__twitter_impression=true