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BREXIT
- Thread starter oldnemesis
- Start date
I was being sarcastic (and assume you are too), but I do agree that I given a choice I'd rather be in Paris then in London (let me add women to your list of improvements over London).I am not worried. Could open up some nice opportunities for traders to work out of Frankfurt or Paris going forward. Way better weather and food and lower cost of living even when factoring in tax differentials.
BTW. which years were you at Barcap in London? We might know each other...
2006 onwards before working for them in Tokyo.
BTW I was not ironic, I truly believe that this exit was a win for the UK emotionally but the economic cost will be massive and a many will in the future wish it had never happened. I hope Nigel Farage will at some point realize how many lies he spread and harm he caused. And I am not even including the possible loss of Scotland and Northern Ireland.
BTW I was not ironic, I truly believe that this exit was a win for the UK emotionally but the economic cost will be massive and a many will in the future wish it had never happened. I hope Nigel Farage will at some point realize how many lies he spread and harm he caused. And I am not even including the possible loss of Scotland and Northern Ireland.
I was being sarcastic (and assume you are too), but I do agree that I given a choice I'd rather be in Paris then in London (let me add women to your list of improvements over London).
BTW. which years were you at Barcap in London? We might know each other...
Since when were any derivatives traders involved in libror submissions? Just shows you have zero clue about this industry.
When I was on LIFFE, Goldman Sachs, Lehman Bros, Smith Barney and Barclays etc were always involved in price settlement of derivative contracts, usually in their favour.
We are talking libor submissions
When I was on LIFFE, Goldman Sachs, Lehman Bros, Smith Barney and Barclays etc were always involved in price settlement of derivative contracts, usually in their favour.
Any and all euro denominated contracts will be traded, cleared, and settled in Central Europe should the UK trigger article 50. Thousands of financial jobs will be lost in London and move to European cities.
Oh c'mon, volly, you really believe that? You realise that such a law would apply to the whole world not just the UK? Despite your doing a bit of work for barclays (were u in charge of sweeping the floor?), you obviously aren't aware that US clearing houses also clear euro denominated contracts. I can't see the Yanks taking this lightly...perhaps they will insist that all dollar denominated contracts are to be cleared only in the US and in the UK and certainly not in Paris or Frankfurt!
I hope Nigel Farage will at some point realize how many lies he spread and harm he caused.
Can u be more specific as to the lies?
We are talking libor submissions
No, we are talking dodgy settlements. Were you involved?
And I am not even including the possible loss of Scotland and Northern Ireland.
LOL. We (as in England) subsidize Scotland to the tune of £11 billion a year. If Scotland leaves the UK, they will have to make up the loss. We would be £11 billion a year better off. I have no idea how they (Scotland) will make up the loss. Perhaps they could join the EU and Germany could pay them! Well, unfortunately, the EU has pretty much said they don't want a scrounger like Scotland in the EU.
Who in the US clears euro denominated products?
Oh c'mon, volly, you really believe that? You realise that such a law would apply to the whole world not just the UK? Despite your doing a bit of work for barclays (were u in charge of sweeping the floor?), you obviously aren't aware that US clearing houses also clear euro denominated contracts. I can't see the Yanks taking this lightly...perhaps they will insist that all dollar denominated contracts are to be cleared only in the US and in the UK and certainly not in Paris or Frankfurt!