London more dominant than ever in currency and derivatives market as UK defies Brexit blues

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London more dominant than ever in currency and derivatives market as UK defies Brexit blues
Belgique Dernières Nouvelles,Belgique Actualités

More than $3.5 trillion of foreign currency is traded every day in the UK, a 43pc share of the global market | Tim_Wallace harrietrussell

The country has even seized a bigger share of the euro-denominated derivatives business, now taking 86pc of all those trades, despite EU authorities arguing these must be traded within the eurozone in the event of a no-deal Brexit.

 

Belgique Dernières Nouvelles, Belgique Actualités



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