Brexit and the EURO clearing business – Brexit explained

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.

Vom 11.09.2020 | Aktualisiert am 10.09.2020
Permalink: https://www.marc-wesseling.de/?p=2939
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