Here's how big London losing its financial passport could be

businessinsider.de ^ | September 20, 2016 | Will Martin

[Berlin_Freeper]

“Brexit means Brexit”, or something.

[Ken H]

Markets anticipate the future.

[Berlin_Freeper]

According to the link I posted a significant part of what's trading in London won't be after Brexit. That's their market future regardless of current trading. Btw Footsie 100 is the top 100 companies with the highest market capitalization and DAX Performance-Index is actually up on year to year.
DAX PERFORMANCE-INDEX

[Moltke]

Thanks, I had to look that up. I understand the issue now.

[Go_Trump_2016]

"There is a reason that the pound sterling has recovered to levels of where it was before the Brexit shock."

Actually, sterling has never recovered to its levels before "Leave" won the referendum:

http://www.xe.com/currencycharts/?from=GBP&to=USD&view=1Y

The pound was going up in the days before the referendum (when the markets thought "Remain" would win) and it tumbled almost 15% when "Leave" won. It's still 10% lower now than it was before the referendum.

[Vigilanteman]

Sorry, I was thinking of the stock market and stand corrected.