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Brexit capital gains: Will Europe's financial hubs steal London's crown now the UK has quit the EU? - Vimarsana News

Brexit capital gains: Will Europe's financial hubs steal London's crown now the UK has quit the EU?

The post-Brexit fallout came faster than many had expected. On January 4, the first trading day of 2021, almost €6 billion of EU share trading left London for other European capitals. Then earlier this month came the news that Amsterdam had overtaken London as Europe's biggest share trading centre, as daily volumes fell sharply in the City and surged in the Dutch capital. In 2019, when the United Kingdom was still inside the European Union and its single market, 43% of trading in EU stocks took place in the UK. The first few weeks of this year have seen the proportion plunge to just 4%, acc...