News Formal

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

  • 📰 The Telegraph
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 41. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines