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Exchange chiefs brace for Brexit impact

Uncertainty surrounding post-Brexit options is hampering exchange operators' ability to plan for a 'Leave' vote

LME's Jones: Post-Brexit scope of application of EU rules such as Mifid II a big issue
LME's Jones: Post-Brexit scope of application of EU rules such as Mifid II a big issue

The potential impact of a UK exit from the European Union was a major focus for chief executives from some of the world's largest exchange operators as they attended the derivatives industry's annual gathering in London.

The UK is home to several of the world's largest exchange and clearing groups as well as a European beachhead for many US and Asia-based operators, so a UK vote to leave on June 23 could have significant consequences for their activities in the region, delegates said.

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