City trading ‘higher than thought’, FCA believes Markets Trading volumes in London are up to three times higher in value than thought after so-called “dark trading” is taken into account, the City regulator believes. Analysis by the Financial Conduct Authority believes that trading valuations are much higher as some traders opt to use non-official channels. This kind of business, referred to as “dark [...]
LSEG boss hails ‘growing momentum’ of Pisces as profit soars Markets The boss of London Stock Exchange operator LSEG has hailed the “growing momentum” of its new Pisces venue as it reported a jump in profit. Chief executive David Schwimmer said the new private markets venue, which recently saw some of its first major transactions, was “opening up significant new market opportunities.” Earlier this month, autonomous [...]
As it happened: FTSE 100 hits new high after interest rates held Markets Welcome back to the City AM liveblog. The Bank of England has held interest rates at 3.75 per cent in a 6-3 split. The City had pencilled in a hawkish hold from the Monetary Policy Committee after inflationary pressures were renewed on the latest round of strikes in the Middle East. Megan Greene, Catherine Mann and [...]
Here’s how to fix London listings July 30, 2026 The exodus from the London Stock Exchange demands practical solutions, not complaint, says Jonathan Dickson This week DCC Energy became the latest FTSE 100 group to be taken private, amid growing global competition for listings. Just last month, it emerged that as many as 20 FTSE 100 companies may move direct listings to New York. [...]
London Stock Exchange unveils ‘LSE24’ round-the-clock trading venue July 21, 2026 The London Stock Exchange has unveiled plans to introduce 24-hour trading as it seeks to claw back interest from retail investors lured away by crypto and overseas markets. The stock market’s operator, LSEG, said it will launch the new venue, dubbed LSE24, as soon as next year in order to give “global investors greater flexibility [...]
Moneybox boosts London’s Pisces market in ‘milestone’ £45m sale July 13, 2026 Moneybox has granted London’s novice private markets platform another major boost after confirming a £45m employee share sale. The move has been hailed a “milestone transaction” in the City’s efforts to keep tech firms from looking for opportunities abroad. The fintech will use the London Stock Exchange’s Private Intermittent Securities and Capital Exchange System (PISCES) [...]
London Stock Exchange boss accuses FCA of ‘playing fast and loose’ as she warns government may have to ‘step in’ June 8, 2026 The boss of the London Stock Exchange has taken aim at the financial watchdog over its plans to introduce greater market transparency in signs of a major fallout between the two City institutions. Julia Hoggett, chief executive of the exchange, has accused the Financial Conduct Authority (FCA) of “playing fast and loose” with the market, [...]
Entrepreneurs’ livery company to host scale up showcase at London Stock Exchange April 14, 2026 The City of London’s Worshipful Company of Entrepreneurs is set to host an investor showcase for scale-ups at the London Stock Exchange. The livery company, headed by former Lord Mayor Alastair King, aims to connect more than 120 investors with 14 of the UK’s most promising scale-up firms. In June, the group is set to [...]
Barclays and Aquis launch ‘IPO academy’ in bid to revive small-cap listings March 11, 2026 Aquis has teamed up with Barclays to launch an “IPO academy” in a bid to turn around the dwindling number of small-cap listings in the UK, City AM can reveal. The academy, which is the only programme of its kind run by an exchange in the UK, is intended as an investment in entrepreneurs and [...]
Waterstones to book chairman as London listing gains pace March 10, 2026 Bookselling titan Waterstones is on the hunt for a chairman as it picks up the pace on its rumoured London listing. Elliott Management, the activist equity firm which owns Waterstones, has hired headhunters at Russell Reynolds Associates to draw up a list of candidates to join the bookseller’s board. This is the latest signal that [...]