Brexit will threaten London's FX dominance – survey

Poll of foreign exchange professionals shows 80% believe the UK will vote to stay in the EU

london-bridge
Troubled waters: Brexit will harm London's position as the world's top FX centre

London's position as the world's leading foreign exchange trading centre will be under threat if the UK votes on June 23 to leave the European Union, while Frankfurt and Paris are the most likely to benefit from such an outcome, a survey of FX professionals reveals.

Two-thirds, or 65%, of the 12,000 members of the ACI Financial Markets Association polled by Chatsworth Communications believe the UK voting to leave the EU will have a negative impact on London's position as the world's leading FX

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