The London Stock Exchange (LSE) will move trading in euro-denominated shares via its Turquoise platform to a hub in the Netherlands if the UK leaves the EU without a deal. UK, Swiss and US shares would remain in London. Turquoise was committed to offering the full range of shares on its UK platform, the LSE said in a statement on Monday. A spokesman for the LSE said it was “working with our partners on contingency plans” but declined further comment. Similar preparations in the event of a no-deal outcome have been announced by the Cboe platform.
The London Stock Exchange (LSE) will move trading in euro-denominated shares via its Turquoise platform to a hub in the Netherlands if the UK leaves the EU without a deal. UK, Swiss and US shares would remain in London. A spokesman for the LSE said it was “working with our partners on contingency plans” but declined further comment. Similar preparations in the event of a no-deal outcome have been announced by the Cboe platform.