London Stock Exchange parent exploring 24-hour trading launch, FT reports

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The London Stock Exchange Group Considers Launching 24-Hour Trading

The London Stock Exchange Group is considering the possibility of introducing 24-hour trading, according to a report by the Financial Times. Discussions are underway to explore the practicalities of extending trading hours, with the exchange group engaging in important commercial, policy, and regulatory discussions on the matter.

One source mentioned that LSEG is actively looking into the idea of 24-hour trading or extended trading hours. The exploration is part of broader discussions on potential new products and services within the group.

The London Stock Exchange’s parent company has struggled to attract new listings, prompting reforms last year to make it more competitive with New York and the European Union after Brexit. REUTERS

LSEG has not provided any official comments on the matter yet. The group is evaluating various aspects of extended trading hours, including technology upgrades, regulatory implications, effects on companies with dual listings, and potential impacts on liquidity.

In a similar move, Nasdaq announced plans to introduce 24-hour trading on its U.S. exchange, following other exchanges like Cboe Global Markets and Intercontinental Exchange in considering extended trading hours.

Earlier this year, LSEG reported stronger-than-expected first-quarter income, driven by growth in its markets division and overall business performance.