Deutsche Börse annual report outlined plans to launch new clearing house for foreign exchange.
The acquisition aims to strongly position Euronext in a post-Brexit landscape.
Bank's plans to expand staff in Frankfurt stokes fears of severe job cuts in London.
Tensions over euro clearing after Brexit set to increase as EC backs repatriation attempt.
With Brexit negotiations well and truly underway, The TRADE looks at where investment banks are looking to establish new EU bases and the effects this exodus will have on the city of London.
ISDA urges EU and UK policy makers to implement transitional period to reduce complexity and costs to market participants.
Tradeweb follows MarketAxess with new European Union base in Amsterdam.
Move could see hundreds of jobs leave London.
Survey finds a quarter of compliance and IT managers believe Brexit will make their firm exempt from MiFID II.