Thomson Reuters has asked the Central Bank of Ireland for permission to move its foreign exchange multilateral trading facility (MTF) from Dublin to London. The company recently warned its MTF is "likely to lose access to the EU market" following Brexit, and the relocation would ensure "a full continuation of services without disruption". It follows similar moves by Principal Global Investors and Bank of America Merrill Lynch. Thomson Reuters' spot market and post-trade services will remain UK-based.
Thomson Reuters has asked the Central Bank of Ireland for permission to move its foreign exchange multilateral trading facility (MTF) from London to Dublin. The company recently warned its MTF is "likely to lose access to the EU market" following Brexit, and the relocation would ensure "a full continuation of services without disruption". It follows similar moves by Principal Global Investors and Bank of America Merrill Lynch. Thomson Reuters' spot market and post-trade services will remain UK-based.