With the Brexit deadline less than two weeks away, European clearinghouse EuroCCP reports that it has the “necessary regulatory approvals” to offer post-trade services to the European Union-based entities of Aquis Exchange, Cboe Europe Equities, and Turquoise, a step intended to provide continuity for global trading groups despite the ebbs and flows of the U.K.’s… Read More >>
U.K. & E.U. Look for Miracles in Brexit Talks
Views seem to differ on how much progress was made in the fourth round of the Brexit negotiations that took place last week. While David Davis, the U.K.’s Brexit secretary, described the talks as moving forward in a “decisive” manner, his counterpart, the European Union chief negotiator Michel Barnier struck a much more cautious tone…. Read More >>
U.K. Election to Decide Brexit’s Path
The horrific bombing at the Manchester arena this week has temporarily suspended all campaigning for the June 8 U.K. election. Before the tragic event though, the Labour party was gaining ground and while the Tory party is still expected to win, its majority may not be as great as initially expected. The latest polls released… Read More >>
The House of Lords Vets Brexit
In London, there was much furor in the House of Lords last week as peers hotly debated Brexit under the watchful eye of Prime Minister Theresa May. May took the unprecedented move to be present at the debate, which underscored her determination that the unelected chamber would not tamper with the government’s bill plans to… Read More >>