London Financial Services partner Nathaniel Lalone was quoted in the Wall Street Journal on how Brexit might affect London's derivatives market. Currently, the United Kingdom hosts 43 percent of the $9.4 trillion global derivatives trades occurring each day. Since Britain recently voted to leave the European Union, the question is whether the rest of the world will continue to trade and settle its financial transactions in London. "We've never had to test it, because London has been the natural focal point for the financial-services industry in Europe," explained Nathaniel. ("In Derivatives Trading, London Is King," July 28, 2016)
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