Exchanges, Trading and Clearing

In this edition: experts are unsure how changes to EU rules governing financial services will work; London’s role as global hub faces Brexit threat; algorithms take grip in US commodities trading

Even experts are unsure how new European rules governing financial services will work

Traders are left to wonder over the impact on jobs in the UK as EU exit talks drag on

Automated systems push up exchange volumes but traders still debate the benefits

New government’s dislike of red tape is said to be reason for delaying changes

Vikram Limaye explains how he is dealing with challenges facing his exchange

Diversification into clearing and other trading tools has helped widen income streams

Growing expense and less market volatility have made life tougher in a maturing industry

Virtu’s chief executive talks about the thinking behind the deal and the future of the sector