UBS to continue housing equity trading venue in UK after Brexit
Feb 01, 2019 - SNL European Financials Daily
Switzerland-based UBS Group AG will continue to house its equity trading venue in London, "taking the calculated gamble" that there will be a future deal that will allow EU equities to be traded in London following Brexit, Bloomberg News reported, citing UBS executive Richard Semark.
"We may be the only venue to continue offering continental European equity trading in London and we see that as an opportunity," Semark said in an interview.
The move is in contrast to various other lend...
Sign up today to gain access to 5 free articles a month from over 200 top subscription outlets.
Are you ready to take your business development to the next level with RelSci Professional?
Nurture your network with daily alerts that notify you when your relationships make news
Map your relationships to any target or prospect to identify a warm introduction
Access unlimited deep dossiers on over 8 million decision makers
Best of all, you can try out all these powerful business development tools absolutely free for 30 days!
Check out News Home to stay on top of the people and organizations you care most about.
