London/Milan —  Euronext's decision to move its huge data centre from Britain to Italy because of Brexit could mean a costly headache for banks and other stock traders who measure competitiveness in nanoseconds.

The European bourse said on Thursday it would move its data centre from Basildon, a town east of London, to Bergamo near the Italian financial capital of Milan in the second quarter of 2022...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.