Despite the UK’s exit from the EU, the London Stock Exchange LSE is still ahead in the euro clearing business.
The fact that the clearing of euro-denominated financial derivatives is dominated by a company outside the euro zone is a thorn in the side of many supervisors and politicians.
But the hopes of Deutsche Börse to quickly steal a large part of the business from the LSE subsidiary LCH Clearnet in the wake of Brexit have so far not been fulfilled.
11.09.2020 | Aktualisiert am 10.09.2020
Kategorien: Allgemein, Brexit (English)
Schlagwörter: Boris Johnson, Brexit, Brexit and the EURO clearing business, Brexit and the EURO clearing business - Brexit explained, Brexit explained, brexit latest, brexit latest news, brexit news, brexit news today, david frost, eu explained, eu-uk, europe, european politics explained, european union, future relationship, German politics explained, Marc Weßeling, michel barnier, negotiations, Nigel Farage, no deal brexit, northern ireland, prime minister, trade deal, transition period, transition phase