French market watchdog to London: stop trading EU shares after Brexit

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Britain should give investment firms clarity by signalling an end to the trading...

Cboe alone accounts for over 20 percent of trading in German, Dutch, Belgian, French, Swedish, and Spanish shares.

“It’s a pragmatic and straightforward approach, that provides clarity to stakeholders on what would be required in the event of a no-deal Brexit,” Cazenave told Reuters.The EU ruling is known as a share trading obligation , but Britain’s Financial Conduct Authority has yet to formulate its own. Cazenave said a situation where a UK STO and an EU STO do not overlap could become the ready-made basis of cross-border share trading between Britain and the EU in future.

Britain has said it should have no problem obtaining equivalence from Brussels for UK exchanges to continue serving EU customers. FCA Chief Executive Andrew Bailey has said that investors should have a choice on where to trade.

 

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You stay see how they treat UK we big contributors they do not want t lose it they have in ways treated us like Shit , our MPs Leaders are as much t blame we will deal with these S Servering Lot they have made our Country Laughing Stock we not forget

Soure Grapes ho they say t not worried by god they are over Massun employment f EU yes we will have in employment to but they be hit hard , Germany already suffering they need t accept we are leaving Ict 31 st . It’s amazing they say yes y can go but my they do there v best t mak

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