Cboe Europe, operator of the largest stock exchange in Europe, and the inter-dealer broker TP ICAP are planning to establish bases in the European Union in order to guarantee their continued access to the markets of the region after Brexit. Cboe said that it applied for registration of the unit in Amsterdam, while TP ICAP chose Paris as its base in the EU, the Financial Times reported citing informed sources. Both companies retain their London operations. Due to fears of losing access to a single European market after Brexit, London financial companies are creating new hubs in Europe, and Amsterdam may be the biggest beneficiary among European cities.
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