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

Upcoming Webinar: Managing Non-Financial Misconduct Under SMCR

9 October 2025 11:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Non-financial misconduct—encompassing behaviours such as bullying, sexual harassment, and discrimination is a key focus of the Senior Managers and Certification Regime (SMCR). The Financial Conduct Authority (FCA) has underscored that such misconduct is not only unethical but also poses significant risks...

BLOG

Global Regulators Turn Up Heat on Exaggerated AI Claims

Supervisors on both sides of the Atlantic are no longer content with soft warnings about artificial intelligence (AI) hype. From the United States Securities and Exchange Commission (SEC) to the United Kingdom’s Advertising Standards Authority (ASA), the direction of travel is clear: say what you do, do what you say – and prove it. Regulators...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...