London stock exchange plans cross-border trading network


AFP

MADRID–The London Stock Exchange on Tuesday announced plans to create an unprecedented trading network that will allow blue-chip stocks to be traded in up to six countries.

“We’re bringing in the concept of an international board. It’s a new concept, where we will trade other countries’ stocks during London time and we will do it as a partnership,” Tony Weeresinghe, director of global development at the LSE told a conference in Madrid.