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27 May - 2 June 2019 | 326 comments (326 topical, editorial, 0 hidden)
Re: Brexit ECONOMY & FINANCE (none / 0)
Share trading these days are networked server farms that can be, and are, anywhere with reliable electricity and data links.  'London,' as such, has as much to do with the process of trading as Phoenix Arizona.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Wed Jun 5th, 2019 at 02:51:50 PM EST
[ Parent ]
Re: Brexit ECONOMY & FINANCE (none / 0)
Well, remote locations do reduce the benefits of co-location or proximate location for high speed trading algos. But I don't know what the policies of London exchanges are on this subject.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Jun 6th, 2019 at 04:29:19 AM EST
[ Parent ]
Re: Brexit ECONOMY & FINANCE (none / 1)
The dispute is not HOW trades are exchange. It is not WHERE.

It is WHO is licensed to exchange FX, commodities, and securities by EU gov.
Brief reminder: MiFID passport

Diversity is the key to economic and political evolution.

by Cat on Thu Jun 6th, 2019 at 06:44:04 AM EST
[ Parent ]
Re: Brexit ECONOMY & FINANCE (none / 0)
Swiss ready to retaliate against EU over stock market access
SIX, the operator of the Swiss bourse, said it welcomed the Swiss decision to activate the protective measures, as this meant EU market participants could still access the Swiss domestic market and continue to be able to trade Swiss shares directly at SIX.

Pan-European stock trading platform Aquis Exchange Plc said; "If equivalence is not extended, and if the Swiss Federal Department of Finance (FDF) rescinds recognition of EU trading venues for the trading of Swiss securities, then Aquis Exchange will take the necessary steps to comply with the directive."

archived
Swiss labour leader declares draft EU treaty 'dead'
cross-border competition

Diversity is the key to economic and political evolution.

by Cat on Wed Jun 26th, 2019 at 05:22:03 AM EST
[ Parent ]

27 May - 2 June 2019 | 326 comments (326 topical, 0 editorial, 0 hidden)
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