Q Smart Limited - On Investors Eyeing Amsterdam Rather than London After Brexit
MEXICO CITY, MEXICO / ACCESSWIRE / August 29, 2017 / On the continued expansion of Amsterdam as the European Union's post-Brexit financial hub, many American algorithmic trading firms are selecting the Dutch city as the location for their first European offices. The announcements are the latest in a series of moves by companies planning for life after Britain parts with the EU. A panel of expert trade advisors from Q Smart Limited, a globally recognized operator of electronic-trading platforms, recently shed light on the various social and economic factors driving this predominant trend.
Since the Brexit vote, London's position as the region's financial center has been put into question, as companies fear that parting with the EU will harm their ability to do business in some or all of the other 27 member states. U.S. firms have joined the movement as they attempt to comply with the overhaul of financial regulations known as MiFID II, which go into effect on January 3. The new laws require firms that make markets in European securities and derivatives to have a physical location in an EU member state. Thus far, Amsterdam has been the popular option for both domestic and international companies due to the city's combination of experienced regulators, high-quality working talent, and good infrastructure.
Further south, Frankfurt has rapidly become the location of choice for banks like Morgan Stanley and Citigroup Inc. With the oldest stock exchange in the world, the city is in the best position of any continental European hub to attract proprietary and high-frequency traders. However, the Q Smart Limited panel explained that the presence of Amsterdam's three major algorithmic traders - Optiver BV, IMC BV and Flow Traders NV - add immensely to its allure as a financial center. The Netherlands' markets authority is seasoned in dealing with computerized traders, there is an established prop-trading community, and regulators are familiar with the latest legislation. Still, the largest reason for why investors are straying from London is uncertainty. No one knows how access to markets will work in the post-Brexit world. In the eyes of many, the only sure thing is that the outcomes will be different from what they are today.
Q Smart Limited is a foremost broker market that provides access to one-click transactions, instant executions and real time data from the world's top markets. With a range of the latest, most advanced trading instruments at their disposal, clients enjoy an easy, comfortable and customer centric trading experience that always delivers transparent and fair results. With a mission to be recognized as the world leader in offline trading as chosen by customers both retail and institutional, Q Smart's company brand is synonymous with unmatched execution and strong liquidity powered by an advanced technological environment.
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