Dublin, 15th May 2018 – IDA Ireland today welcomed the announcement that Thomson Reuters intends to relocate its FX Multilateral Trading Facility to Dublin.

Subject to licence approval by the Central Bank of Ireland, Thomson Reuters plans to operate its FX Multilateral Trading Facility (MTF) from Dublin rather than London as a result of the UK’s planned departure from the European Union (Brexit) on 29 March 2019.

The company announced that it will transfer all existing client relationships of the Thomson Reuters MTF and Dealing, as well as Fixed Income Callouts and Auctions, from RTSL to its new Irish legal entity ahead of the Brexit date. This will include all EU/UK clients as well as non-EU clients accessing these services, subject to regulatory permissions being granted in key jurisdictions outside the EU/UK.

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