Carney’s speech: No comments on monetary policy

The Bank of England (BOE) Governor Mark Carney is on the wires now, via Reuters, as he speaks at a joint press conference alongside the CFTC Chairman Christoper Giancarlo and FCA Chief Executive Andrew Bailey.

Key Points:

Fragmentation of markets is in no one's interest.

Taking all steps needed to ensure transatlantic derivatives trading continues seamlessly post-Brexit.

Measures announced will ensure derivative markets stay open and that high regulatory standards are maintained post-Brexit.