Euronext confirms it has no intentions to change its market hours due to lack of consensus from market participants and little evidence on the benefits.
Responses to the LSE’s consultation for shorter market hours in Europe highlight the need for all exchanges to make the move if benefits are to be fully realised.
Market participants now have until 30 June to respond to Euronext’s market hours consultation due to the coronavirus pandemic disruption.
Following a major win at The TRADE’s Leaders in Trading awards ceremony, Hayley McDowell sits down with Jeremy Ellis, head of European equity trading at T. Rowe Price, and the trading desk to discuss the biggest market structure changes impacting execution.
Market participants were sent the consultation this week to provide feedback on shorter trading hours by mid-May.
AFME and the IA have called for a 90-minute reduction in European market hours as the LSE’s consultation nears closure.
Following calls from the industry to reduce trading hours in Europe, the LSE has started a consultation and is accepting responses until the end of January.