Financial market participants require fast, concise and accurate information to successfully operate in today’s markets. Deutsche Börse’s ...
With approximately seven months before Brexit becomes effective, Deutsche Börse Group is closely monitoring Brexit processes, engaging with regulators and governments and will strive to take all necessary measures to mitigate the impact on existing business relations.
To support Deutsche Börse Group clients in their efforts, Deutsche Börse has established a Brexit Transition Team to guide and assist you through any required preparations. We encourage our customers to plan with all scenarios in mind, cognisant that the future relationship between the UK and EU, in particular the legal framework for cross-border financial services, is yet to be agreed. Lacking a ratified withdrawal agreement between the UK and EU, all EU law will cease to apply to the UK from 29 March 2019 and the UK will then become a “third country” with legal repercussions as set out in notices of the EU Commission published on 8 February 2018.
According to our ongoing assessments, we currently do not expect Brexit to have any major impact on market data services (e.g. licensing and provision of real-time market data via CEF feeds and historical market data). Of course, we will carefully follow any political changes and developments in order to be in a position to implement necessary modifications promptly.
If you have any questions, please either contact your Key Account Manager, the Data Services team (firstname.lastname@example.org) or send an e-mail to our Brexit Transition Team (email@example.com).