Brexit Should Leave LSE Worried for Future Listings, Irish Say
- Irish Stock Exchange pitches for more European flotations
- U.K. politicians fight to retain London as a financial hub
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The U.K.’s move to leave the European Union should cause London Stock Exchange Group Plc to fear losing business to Ireland and other European markets, a senior executive at the Irish Stock Exchange said.
“I would be worried if I was in the London Stock Exchange in a post-Brexit environment because the European investor base is very, very significant,” Aileen O’Donoghue, the ISE’s director of strategy said in an interview with broadcaster RTE on Tuesday. “Having the capacity to have a listing on a European regulated market as we are, to passport into Europe, to access those European investors, is really very important.”