The British wholesale gas market will remain a key trading venue in Europe, despite the vote by the UK public to leave the EU, analysts have told ICIS. Plus, a relaxation of financial regulation could offer an opportunity for Britain’s NBP hub to emerge as a key speculative trading venue.
However, fluctuations in the currency market could dissuade activity on the hub in the near-term and regulatory uncertainty going forward could depress liquidity.
ICIS looks forward to assess the potential implications of Brexit on the British and mainland European gas markets, a story which is sure to run and run.
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