Griffin OTF to remain in the UK for the time being unless a Hard Brexit

Given the continued political uncertainty, Griffin’s immediate intention is to continue to operate its OTF from the UK unless or until the UK leaves the EU under a hard (no deal) Brexit.

Provided Griffin can continue to provide its customers with the ability to trade under the C6 REMIT carve-out, it will carry on running its OTF from London until there is further clarity on the legal effects of Brexit.

Should a hard Brexit occur, Griffin has everything in place to make an immediate switch to run its OTF from Paris.

It is important that customers are ready for this potential change due to the uncertain timeframes and they should prepare for this by adding Griffin’s French entity to their back office systems.

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