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Precautions extended as Brexit triggers trading avalanche

Europe's exchanges and platforms avoided major system failures despite trading volumes hitting all-time high in wake of UK exit vote

Precautions extended as Brexit triggers trading avalanche
Photo: iStockPhoto

European exchanges, trading platforms and brokers drew breath after trading closed on June 24, having endured a day largely free of major system hiccups despite the UK's vote to leave the EU driving equity trading activity to an all-time record.

The total value of European equities trades hit €127.7 billion, according to data produced by the exchange operator Bats Europe, eclipsing the €114.3 billion traded on August 24, 2015 - when volumes surged on fears over China's growth - even though the Swedish market was closed for a public holiday.

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