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Italian job: the real UK stock trading heist

Risk.net Italy has not been seen as a candidate to pick up business from the UK – until now Colleoni Chapel and the Basilica of Santa Maria Maggiore in Bergamo Recent headlines have lauded how Amsterdam and Paris have been able to draw stock trading in European names away from London as part of the fallout from the UK finally leaving the European Union. Legally speaking that is true, as European firms now trade stocks on platforms owned by legal entities on the continent rather than in the UK. Technically speaking, however, equities trading is still occurring in the UK: venues have so far kept their vital technology infrastructure in and around London.

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