London Traders Vote to Reduce World’s Longest Trading Hours
- Most survey participants favor a 9 a.m. to 4 p.m. trading day
- LSE will wait for other European bourses’ consultation results
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Most U.K. stock market participants want a reduction in the world’s longest trading hours, which they say can improve liquidity and industry diversity, according to the results of a London Stock Exchange survey.
“A significant majority of respondents were sympathetic to the arguments that a reduction of market hours could lead to improvements in diversity and wellbeing,” the LSE said as it released the outcome of its consultation, without disclosing the percentage of those favoring shorter hours.