London Stock Exchange Group backs new fintech funding review as venture cash dries up July 11, 2022 The London Stock Exchange Group has thrown its weight behind a new review of the fintech funding landscape today as venture cash dries up and valuations plunge in the face of a looming recession.
London IPO activity plunges as market volatility puts a stop to listings boom July 7, 2022 The amount of cash raised via initial public offerings in London plunged in the first half of the year as firms pull back from the public markets amid extreme volatility and historic levels of inflation, new data has revealed.
Head of London Stock Exchange’s data transformation quits after just a year in charge July 1, 2022 The London Stock Exchange’s head of data and analytics transformation has stepped down after just a year in charge. Andrea Remyn Stone quit her post as head of data and analytics citing personal reasons with the LSE’s CEO filling the role until it is permanently filled. The move comes after the London Stock Exchange bought [...]
Essex fire extinguisher seller seeks to raise £3m on London’s AIM June 14, 2022 A British fire safety company, that first started selling its product on Amazon, is seeking to raise £3m by listing on London’s AIM. Essex-based fire safety firm Lifesafe Technologies is planning to float on London’s alternative market after it first began selling its “5-in-1” fire extinguisher on Amazon in August 2021. The company’s lightweight fire [...]
From Ocado to Trustpilot and M&S to ITV: Value of dozens of FTSE giants down by a third since start of Ukraine war June 11, 2022 Nearly 50 companies in the FTSE 350 have seen their stock market values fall by at least a third since the start of the Ukraine crisis. The biggest fallers have been technology companies, new data shared exclusively with City A.M. shows today. Review website Trustpilot, which listed just over a year ago, has seen its [...]
City broker Britannia Global Markets cancels LME membership following March nickel price fiasco June 9, 2022 Derivatives broker Britannia Global Markets has said it is giving up its membership to the London Metal Exchange (LME), after the London market halted nickel trading in March in response to surging prices. Britannia said it had decided to cancel its Category 2 membership to the LME, which allows it to trade on behalf of [...]
Mishcon de Reya delays IPO for the ‘foreseeable future’ June 8, 2022 London law firm Mishcon de Reya has put its plans to float on the stock exchange on hold, after saying it plans to set them aside for the “foreseeable future”. The Silver Circle firm said it had decided to scrap its plans for an initial public offering (IPO) due to current “market conditions”. In a [...]
Exclusive: UK median share price on LSE races past US stocks with energy firms performing worst after public listing June 6, 2022 IPOs are an exciting prospect for investors, as companies with strong potential are key to any investment strategy or as an attribute to a portfolio. However, the turbulent stock exchange market means that investors need to be very aware of where IPOs are launching and where they are likely to perform best to avoid an [...]
FCA pushes for reform of London’s listing regime in an attempt to boost growth: ‘A radical set of changes’ May 26, 2022 The City watchdog has outlined plans to reshape the two-tier structure of the London Stock Exchange’s main market today in a bid to simplify listing rules and tempt more fast-growth tech firms to come to market. The Financial Conduct Authority revealed proposals to do-away with the current split between a higher “premium” tier of the [...]
Hong Kong stock exchange to open US and Europe offices May 23, 2022 The Hong Kong stock exchange is planning to set up two new international offices in the US and Europe, in an effort to draw overseas investors back to the City state. Speaking to the South China Morning Post (SCMP) at Davos, Nicolas Aguzin, the head of Asia’s third largest stock market, said the new offices [...]