Brexit pushes almost 100% of European share trading off UK venue

First trading day since Brexit shows early damage to London

Aquis Exchange, London’s second-biggest venue for trading European shares, has seen almost all of this business shift into the European Union on the first trading day since Brexit.

Chief Executive Officer Alasdair Haynes told Bloomberg TV on Monday that 99.6 per cent of its European share trading moved to its parallel venue in Paris.

“Europe has clearly won the battle for its own share trading,” he said. The shift “is a spectacular own goal as Britain is now losing its very strong position in trading of European equities in London,” he said.

The City of London lost its rights to access the single