Brexit: JP Morgan hits records; Citadel picks up market share
Post-referendum winners span both traditional and non-bank liquidity providers
JP Morgan broke several records during the tumultuous night of the Brexit referendum on June 24, while non-bank market-maker Citadel says it increased market share as a result of highly volatile trading.
Despite the 12% drop in cable after results from Sunderland indicated the Leave campaign was likely to clinch victory in Britain's historic referendum, liquidity conditions remained orderly and price points existed all the way down the move.
In the immediate aftermath, market participants
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