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London Stock Exchange Weighs 24-Hour Trading for UK Shares

LSEG is in discussions with regulators to evaluate whether nonstop trading can boost liquidity in London’s underperforming market.

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The final day of floor trading on the Hong Kong stock was on October 27, 2017. Trading thereafter was done entirely digitally via scripless dealing. Photo: Edward Wong

Overview

  • LSEG has opened commercial, policy and regulatory talks on 24-hour trading for UK-listed shares without a launch date or binding approval.
  • The initiative aims to strengthen a market that saw a 20% rise in Q2 profit warnings and a migration of major listings to U.S. exchanges.
  • Traders already rely on overnight platforms like Robinhood and cryptocurrency venues that operate around the clock, highlighting demand beyond standard hours.
  • U.S. operators including the NYSE, Nasdaq and dark-pool platforms such as 24X are seeking SEC permission for near-round-the-clock equity trading.
  • Hong Kong Exchanges plans to roll out near-24-hour derivatives trading by 2028 but has no immediate proposal to extend its equity session hours.