突发，拟24小时交易！

Core Viewpoint - The London Stock Exchange Group (LSEG) is considering the introduction of 24-hour trading to meet the growing demand from investors and to enhance the attractiveness of the UK market, which is currently facing challenges such as declining trading volumes and a lack of new IPOs [1][3]. Group 1: 24-Hour Trading Plan - The primary motivation for LSEG's potential 24-hour trading plan is to cater to "night owl" traders and to attract overseas investors and younger traders to invest in UK stocks [3]. - The UK stock market is experiencing a crisis, with only 5 IPOs raising a total of £160 million in the first half of the year, marking the lowest half-year data since 1995 [3]. - The CEO of JPMorgan, Jamie Dimon, has indicated that the low number of IPOs is causing London to lose its status as a significant financing market [3]. Group 2: Current Trading Environment - LSEG's current trading hours are from 8:00 AM to 4:30 PM, and the extension of trading hours would require consideration of various factors, including technological upgrades, regulatory issues, and potential impacts on liquidity [4]. - The revenue of LSEG primarily comes from selling financial data to banks and brokers, with stock trading-related revenue accounting for only 2.7% of total revenue in the first quarter [3][4]. Group 3: Global Trends in Trading Hours - The trend of extending trading hours originated in the U.S., with several exchanges, including the New York Stock Exchange and Nasdaq, planning to implement longer trading hours [6][7]. - Japan and Indonesia are also considering extending trading hours to attract overseas investors and increase market activity [8]. - The European Securities Exchanges Federation has noted that while extending trading hours may be beneficial for attracting retail trading, the long-term sustainability and benefits of such models remain to be seen [8].