LONDON (Reuters) - London-based bond trading platforms and investment banks running European governments' debt sales are accelerating plans to move business across the Channel, fearing a no-deal Brexit will leave them unable to serve continental clients.
In the latest high-profile move, the London Stock Exchange said last week that its MTS Cash platform would shift a fifth of its trading volume -- which averages 13.4 billion euros ($15.3 billion) a day -- to Milan. Trading in British government bonds will stay in London.
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