London Stock Exchange parent exploring 24-hour trading launch, FT reports

Group 1 - The London Stock Exchange Group (LSEG) is considering the possibility of launching 24-hour trading and extending its trading hours, engaging in discussions about commercial, policy, and regulatory aspects [1][2] - The exploration of extended trading hours includes evaluating technology upgrades, regulatory implications, and the potential impact on liquidity, which is currently concentrated during the opening and closing auctions [2] - LSEG's parent company has faced challenges in attracting new listings, leading to reforms aimed at enhancing competitiveness with exchanges in New York and the European Union post-Brexit [5][7] Group 2 - In March, Nasdaq announced plans for 24-hour trading, joining other exchanges like Cboe Global Markets and Intercontinental Exchange in extending trading hours [3] - LSEG reported stronger than expected first-quarter income, driven by robust growth in its markets division and strong performance across other business segments [4]