London According to a media report, the London Stock Exchange wants to attract previously unlisted companies with a new market segment. The plan is aimed at fast-growing technology companies that have often not been listed on the stock exchange because of strict regulations, the Wall Street Journal reported on Saturday, citing a person familiar with the matter.
With relaxed regulations and the restriction of stock exchange trading to individual days, the London Stock Exchange (LSE) wants to open up a new business area after Brexit. The shares should only trade one to five days a month, quarter or every six months, the paper wrote, citing proposals from the LSE to the regulator FCA and the Treasury.
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