Traders baffled by flash crash that sees pound plunge over 6%
The pound plummeted overnight to its lowest level since March 1985, as traders point fingers at Brexit and algorithmic trading.
Tag: Brexit
BBH’s regulatory expert talks buy-side challenges
Head of regulatory intelligence at Brown Brothers Harriman Sean Tuffy, discusses regulation and the issues facing the buy-side.
LSE’s Rolet says moving clearing from London can’t be achieved
Xavier Rolet has told Bloomberg the process of moving clearing to the continent “probably cannot be achieved” as it is too complex.
US trade bodies call for transparent Brexit negotiations
Associations are seeking ‘transitional arrangement’ to help firms navigate changes post-Brexit.
The Big Interview: Mark Hemsley
The Trade speaks to chief executive officer at Bats Europe, Mark Hemsley about whether his opinion on Brexit remains the same and the ensuing European block trading battle.
ESMA escalates risk outlook
ESMA warns market, liquidity and contagion risks could rise amid Brexit fallout.
Plato Partnership sets up shop in Dublin
Industry block trading initiative Plato sets up new Dublin company and promises updates on its status soon.
Buy-side most concerned Brexit will see regulatory split
A potential regulatory bifurcation is the biggest concern for asset managers following the EU referendum in the UK.
TradeCast – What does Brexit mean for the future of regulation?
The Trade team talks to ITG's JP Urrutia about what Brexit means for the future of regulation.
Concerns of Brexit put ICE off LSE merger
ICE boss says it pulled out of LSE deal as it expected a Brexit back in May.