Study by Liquidnet found that 87% are not looking to relocate trading desks ahead of the UK’s departure from the EU, but this could be temporary.
State Street survey of 250 asset managers finds that more than half plan to hire new staff in locations established outside of the UK.
Both countries face the Court of Justice for failing to implement MiFID II regulation.
DTCC is the latest post-trade market infrastructure planning to move its European operations from London to Ireland.
Third country instruments may have to comply with tick size regime as ESMA looks to protect venues inside the European Union.
European regulator warns market participants over authorisation deadline for Brexit relocation.
The TRADE looks at how the industry has adapted to the new trading environment and the major issues facing market participants following the implementation of MiFID II six months ago.
UK will not throw away European financial regulations after departing European Union according to UK economic secretary.
INTL FCStone is the first firm to establish a European equities desk since the implementation of MiFID II regime.
TJ Treadwell to take on responsibility for EMEA OTC clearing in addition to current APAC remit.