Simon Puleston-Jones considers Brexit's effect on London's Euro clearing business
By Simon Puleston-Jones, chief executive
of FIA Europe.
There are three primary factors that will
influence London’s future as a Euro-clearing
centre: liquidity, perceived financial stability issues and
Liquidity and financial stability concerns
are perhaps easier to evaluate. Liquidity is critical to the
healthy functioning of our markets. To prudently manage their
risk, European Union entities need the ability to connect to
liquidity pools in all required currencies, wherever they are
located around the globe.
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