LONDON, May 28 (Reuters) - Pan-European exchange Euronext
said on Thursday it was closing its regulated exchange in London
by June 30 to shift resources elsewhere in the group.
Euronext UK Markets Limited obtained a regulated exchange in
2014, saying at the time it wanted to attract international
issuers looking to list in London that could also enjoy access
to the exchange group's wider market across Europe.
It was pitting itself against the London Stock Exchange and
ended up with only one listing, Getlink, formerly known as
Eurotunnel, whose primary listing is on Euronext's Paris market.
Separately Getlink said it was cancelling its listing in
London with effect from 0600 GMT on 26 June, with its Paris
listing remaining unchanged.
Euronext said its London office will focus on activities
related to other parts of the group and that it recently
increased the number of staff from 30 to 55.
"Euronext remains committed to its presence in the UK and in
one of the world's biggest financial centres, the City of
London," it said in a statement.
Aquis Exchange, which has just acquired NEX Exchange, said
the decision by Euronext to close its UK exchange showed it has
no intention of competing for listings in Britain after Brexit.
(Reporting by Huw Jones
Editing by Sonya Hepinstall)