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City traders are on standby for market chaos this Christmas as they digest the new Brexit deal. With just days left of the transition period, and matters between the UK and EU still being thrashed out, many firms have told staff to be ready in case the talks still fail. It will spark frantic trading on stock, currency and bond markets as investors adjust their portfolios. City traders have been told to be ready in case clients need help with sudden swings if Brexit talks fail Broker TP Icap has put more workers on duty, in case clients need help with sudden swings.

Christmas canceled for traders as Brexit goes down to the wire Greg Ritchie and Viren Vaghela, Bloomberg News Brexit’s unpredictable dynamics have whipsawed markets for the past four years. , Simon Dawson/Bloomberg For London traders hoping to unplug over the Christmas break, their managers have a message: be ready to work. With Brexit still unresolved before the year-end deadline, many firms are warning staff that the usually quiet festive period could turn frantic. Traders are being told to have their laptops close to hand or return...