The Brexit Share Trading Exodus
By Annabel Smith
February 11, 2021, The Trade
In the final weeks of 2020, it was apparent that no agreement on equivalence was likely to be reached between the United Kingdom and the European Union with regards to share trading.
The wholesale shift of liquidity that took place on 4 January, moving €6 billion in daily volumes away from the City to trading venues in European capitals such as Paris and Amsterdam, was shocking even to those who were most prepared.
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