London Stock Exchange opens Brexit trading hub in Amsterdam

It all started with Amsterdam which was the first major financial centre in Europe. Overtime, London became numero uno.

Post Brexit, all kinds of things happening. London Stock Exchange has opened a trading hub in Amsterdam:

The London Stock Exchange’s pan-European share trading platform, Turquoise, opened for trading on Monday, a spokeswoman for the exchange said, joining two rival operators.

The Amsterdam-based hub was set up to avoid disruption to the LSE’s EU customers, who face having to trade euro-denominated shares inside the bloc from January because Britain’s full access to the EU ends on Dec. 31.

Two other London-based share trading platforms, Cboe and Aquis Exchange, have opened so-called Brexit hubs in the EU to trade shares denominated in euros.

How these political forces keep shaping economic/financial geography.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: