The TRADE 59 - Q1 2019 | Page 43

[ M A R K E T R E V I E W | E U R O P E A N C L E A R I N G ] CLEARING TAKES CENTRE STAGE AS BREXIT THREATENS DERIVATIVES FRAGMENTATION London stands to lose a significant amount of clearing business from European derivatives traders as a result of Brexit. David Whitehouse examines how will this fragmentation affect Europe’s clearing landscape. Issue 59 // TheTradeNews.com // 43