The decision will avoid any negative impact on the Irish securities market.
The decision will avoid any negative impact on the Irish securities market.
Same dealers and liquidity will be available on the EU MTF when compared to the UK MTF.
US trading venues, firms and CCPs will continue to provide services in the UK after Brexit.
Regulators need new tools as financial market activity moves from London to EU27.
EU counterparties have to wait until closer to exit date to novate contracts.
As market infrastructure is sticky, trading will stay in London -- at least for now.
Under a no-deal Brexit, no new UK-related data will be received and processed by ESMA.
The deals come into force if the UK leaves the EU without a withdrawal agreement.
The deals allow for continued close cooperation if there is a no-deal Brexit.
