London Stock Exchange launches 24/5 trading venue amid extended trading hours race
Client testing for LSE 24 will go live by the end of 2026, and ETPs are set to launch as the first asset class on the venue in H1 2027.
Client testing for LSE 24 will go live by the end of 2026, and ETPs are set to launch as the first asset class on the venue in H1 2027.
The exchange confirmed at 9:23 am GMT that it was investigating “an issue impacting its trading/information system”.
New appointment has been with LSEG since 2018, joining from JP Morgan Cazenove where he served in the firm’s equity capital markets team.
The trading venue reported a 50% reduction in average latency on its equities order book, while its ETFs order book has seen a 66% reduction.
Incoming head has strong ESG credentials; joins from Nasdaq in New York. Former roles include chief product officer at Preqin, along with 12 years with S&P Global.
It was an honour to be joined by female pioneers of trading on the 50th anniversary of women being allowed onto the London trading floor, as The TRADE hosted a memorable evening to celebrate and support diversity across the industry.
The exchange group reported a 5.7% growth in total income, with CEO David Schwimmer calling it a “strong year” and highlighting the benefits of diversification.
Learn more about the four firms shortlisted for our Editors’ Choice Award for Outstanding Exchange Group this year: including Cboe Global Markets, Euronext, London Stock Exchange Group and SIX Swiss Exchange.
New taskforce consists of a wide range of participants to ensure an inclusive and thorough debate on specific areas where change is needed can take place.
Panellists speaking at a panel hosted by The TRADE at the London Stock Exchange were less than excited by the UK’s tape proposal in comparison with that put forward by Europe.