The London Stock Exchange Group (LSEG) is exploring plans to extend or potentially introduce 24-hour trading, as part of efforts to revitalise the UK market and compete more effectively with global exchanges, according to a report in the Financial Times.
Currently, trading hours for London-listed stocks are from 8am to 4.30pm, but LSEG is now reviewing options that include round-the-clock trading or extended hours into the evening. The move would follow similar discussions taking place in the United States, where the New York Stock Exchange last year proposed a dramatic expansion of its own trading window.
A source familiar with the matter told the FT that LSEG is “absolutely looking at it,” and is engaged in “important commercial, policy and regulatory discussions.” Key areas under review include the technical infrastructure, liquidity impact, and implications for companies with dual listings.
The review comes amid growing pressure to make the UK stock market more attractive to both domestic and international investors. A number of high-profile companies have recently shifted or considered shifting their listings to New York, citing stronger liquidity, higher valuations and broader investor bases.
These include: Wise, the online payments platform, which recently proposed a dual listing in the US and UK. Ashtead, which announced a listing move last year, and Flutter Entertainment and CRH, both of which opted to move their listings entirely to the US
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