Brexit Prompts London Trading Venue to Threaten Move to Ireland
- LMAX plans Ireland filing unless U.K. can guarantee access
- Market operator says it has customers in 22 EU countries
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A currency-market operator has thrown down the Brexit gauntlet: Ensure market access to Europe or we’re moving to Ireland.
LMAX Exchange said Tuesday it will file with Irish regulators in January unless U.K. politicians take heed, joining the ranks of London-based firms looking to the island as a gateway to European Union access once the U.K. leaves the bloc.