Cboe Europe provides Brexit transition update
Cboe Europe Equities has provided a Brexit transition update. Cboe informs market participants that all of its systems are operating normally, following the end of the Brexit transition period on December 31, 2020.
This includes the BXE, CXE, DXE, TRF (APA) and SIS environments, including the Trade Reporting GUI.
As expected, Cboe has seen a shift in liquidity in EEA-listed symbols from Cboe UK to Cboe NL from the start of trading on Monday January 4, 2021.
To confirm, all of the following services are available on DXE:
- DXE Lit Order Book – including Additional Liquidity Provider Scheme (A-LPS)
- DXE Dark Order Book
- DXE Periodic Auctions Book
- DXE Cboe Closing Cross (3C)
- Cboe LIS
Market participants that have any questions are advised to contact the Trade Desk or their Account Manager or refer to the Cboe Brexit Microsite.
Let’s recall that Cboe Europe enacted its Brexit contingency plan in October 2019. Back then, its Amsterdam-based venue, Cboe NL, went live offering trading in European Economic Area (EEA) securities.