Saturday, 24 September 2016

JOB LOSSES POSSIBLE IF EURO CLEARING MOVES TO EUROPE

The CEO of the London Stock Exchange says up to 100,000 jobs could be at risk if clearing was moved to the EU (HERE).  London cleared 320 Trillion Euros last year.

Listening to M Rolet's comments I think he is talking about the jobs involved in clearing all currencies but it is clear that a lot of jobs could be lost.

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