What do you think will be the biggest impact of Brexit for your company?
Since Custom Connect has offices in both London and Amsterdam, the
impact of Brexit for us will be small, we are already based in Europe. The
biggest challenge for our company is the currency risk. The expected
volatility in the currency markets will affect our cross-border operations.
We expect swings in the market following Brexit negotiations.
What do you think will be the biggest impact of Brexit for your clients?
The biggest impact of Brexit is still unknown, we do not know what will be the outcomes of the negotiations. To avoid this uncertainty our customers will act to spread the risk. We expect our clients, especially traders who need access to the stock exchange market, to relocate part of their businesses to maintain its licence to operate in Europe. Amsterdam is a great alternative to London, since workers in the FinTech industry will be around peers who speak the same language.