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Euronext: to cease RIE activities in the UK

( - On Thursday Euronext announced its intention to cease its Recognixed Investment Exchange (RIE) activities in the UK by 30 June 2020.

Its announcement follows a request from the FCA to revoke its license for regulatory operations in the UK market.

"The Euronext London office will not be impacted by the closure of the market regulated by the current licence. Following the acquisitions of Euronext FX, Commcise and, more recently, Nord Pool, Euronext has recently increased its staff count from 30 to 55 in London," management said.

"Euronext remains committed to its presence in the UK and in one of the world's biggest financial centres, the City of London."

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