Euronext terminates RIE activities in the UK

Steffy Bogdanova
May 29, 2020 2:47 pm

Euronext, the pan-European exchange in the Eurozone announced its intention to terminate its cease its Recognised Investment Exchange (RIE) activities in the UK by 30 June, 2020.

The announcement follows an application to the Financial Conduct Authority (FCA) to revoke revoke its licence for regulatory operations in the UK market.

Euronext London’s RIE will remain regulated by the FCA until the request is approved.

Euronext

The Euronext London office will not be affected by the closure of the market regulated by the current licence.

After the acquisitions of Euronext FX, Commcise and Nord Pool, Euronext has boosted its staff numbers in London from 30 to 55.

The company remains committed to its presence in the UK and in London as one of the world’s biggest financial hubs.

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Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
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