London Stock Exchange Considers Proposals for a Shorter Trading Day
London 10 December 2019
London Stock Exchange Group Plc started asking market participants if they want the bourse to be open fewer hours, signaling it’s open to an argument driven by changing trading patterns and calls for a better work-life balance.
LSE called Tuesday for feedback on five proposals, ranging from keeping the current 8 a.m.-4:30 p.m. trading day to shortening it by as much as 90 minutes. All of the options besides the status quo propose a later start time. Trading firms, asset managers, regulators, issuers and individual investors have until Jan. 31 to respond.
The LSE’s proposed options for shorter trading hours are:
8:30 a.m. - 3:30 p.m., London time
8:30 a.m. - 4 p.m.
9 a.m. - 4 p.m.
9 a.m. - 4:30 p.m.
Read the full article here