Shareholders of the London Stock Exchange vote on Monday on whether to back a US$27 billion merger with Deutsche Boerse, even though the deal may have to be tweaked following Britain's decision to leave the European Union.
The two exchanges have insisted that their all-share merger to create the world's biggest bourse by revenue was essentially "Brexit proof", but the result of Britain's June 23 referendum has cast a shadow over the deal.
Germany's markets watchdog BaFin said last week that London could not host the headquarters of the planned European stock exchange giant if London is outside the bloc, saying it would be hard to imagine that the most important exchange in the eurozone would be steered from a headquarters outside the EU.
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The two exchanges have insisted that their all-share merger to create the world's biggest bourse by revenue was essentially "Brexit proof", but the result of Britain's June 23 referendum has cast a shadow over the deal.
Germany's markets watchdog BaFin said last week that London could not host the headquarters of the planned European stock exchange giant if London is outside the bloc, saying it would be hard to imagine that the most important exchange in the eurozone would be steered from a headquarters outside the EU.
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