The London Stock Exchange Group has proposed a special market for private companies to trade their shares publicly on the exchange on certain days, The Wall Street Journal reported on Saturday, citing a person familiar with the matter.
A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne PlunkettJan 15 - The London Stock Exchange Group has proposed a special market for private companies to trade their shares publicly on the exchange on certain days, The Wall Street JournalThe move is part of a plan to attract fast growing technology firms to list in Britain in the wake of Brexit, the Journal said.
A spokesperson for the London Stock Exchange Group said in a statement to Reuters the company works closely with government, regulators and stakeholders on various issues. The Treasury did not immediately respond to a request from Reuters for comment. A spokesperson for the FCA declined to comment.
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