About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Talking Intelligent Trading with Andrew Delaney: The British Love a Good Farce

Subscribe to our newsletter

A week after the referendum sent us into Brexit, there remain more questions than answers on what will become of the UK and – more pertinently for us – the City of London’s trading community. No-one truly knows how this will play out. We may collectively remain in the dark for some time.

Many Remainers seem to be consoling themselves that nothing will happen for two years, which is how long the UK has to negotiate its exit once Article 50 is submitted to the powers that be. That may or may not be the case, but my big fear is that we are entering an extended period of stasis, as participants delay much-needed investment until the dust settles (whatever that means).

The FCA earlier this week told financial institutions to continue full speed ahead with their preparations for new regulatory requirements – most notably in our space MiFID II. That’s encouraging, and surely helpful should the City’s institutions find themselves seeking to enter the EU’s single market once we’ve Brexited.

Whether trading technology investment will continue apace remains to be seen. But I’ve been discouraged to hear that German regulator Bafin has ruled out the possibility of the merged LSE-Deutsche Boerse locating its headquarters outside of the single market. This statement came on the back of the news that clearing in euro-denominated transactions will move from London to other European centres once the UK leaves (and most probably before).

From where I’m sitting here on the Isle of Dogs (formerly known as Canary Wharf South), it all feels a bit gloomy. I’m sure the typically British weather doesn’t help. Let’s hope I’m wrong.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

MiFIR Schema 1.4.0 Rollout: Testing Clarity Still Pending – April Deadline Remains

As of mid-February 2026, the European Securities and Markets Authority’s (ESMA) MiFIR reporting webpage continues to indicate that a dedicated test environment for updated transparency messages would open in February, with exact dates to be confirmed in January. No detailed testing calendar has been published at the time of writing. The result is a compressed...

EVENT

RepRisk Sustainability Breakfast Roundtable London

The London sustainability breakfast is part of the global roundtable thought leadership event series hosted by RepRisk in key markets, including, New York, Toronto, London, Frankfurt, Oslo, Copenhagen, Stockholm, Hong Kong and Singapore in 2026.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...