While all the attention was focused on the Franco-British border between Calais and Dover on the lookout for possible Brexit-related disruptions, a major effect of the United Kingdom's exit from the single European market took place far from the regards, in the virtual space of financial transactions.
Monday, for the first day of stock market listing since the entry into force of the new relations between Great Britain and the European Union, some 6 billion euros of trade suddenly crossed the Channel.
Almost a quarter of the daily volume usually traded in London and this is just the beginning… Compare with the billion euros of goods that cross the border every day in trucks.
This shows how far the post-Brexit agreement, delivered by forceps on Christmas Eve, is far from covering the whole economic relationship.
Read also:
Brexit: what will change between Europe and Great Britain from January 1, 2021
This financial “big bang” concerned the trading of shares of European companies, such as Deutsche Bank, Total or LVMH,
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