Nasdaq default heightens Brexit CCP lobbying

The event has fuelled fears of CCP close-outs and liquidation after the UK’s exit from the EU, prompting firms to significantly ramp up their lobbying efforts and successfully gain the support of Esma

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This landmark Brexit survey reveals how capital market participants are responding to the UK's exit from the EU, as both buy and sellside firms discuss their struggle with internal politics, novations and relocation preparations.