London Stock Exchange plans overnight venue to extend trading hours: FT
Quick TakeThe London Stock Exchange plans a separate overnight trading venue as it aims to extend trading for more than 2,600 listed exchange-traded products, FT reported.The move comes as traditional exchanges expand trading hours amid competition from crypto platforms offering 24-hour trading. The London Stock Exchange is planning a separate overnight trading venue as it extends trading hours beyond its main market, marking the latest effort by a traditional exchange to broaden access as investors increasingly embrace around-the-clock trading. The overnight venue is scheduled to launch in the first half of 2027 and will operate independently of the LSEs main market, which will retain its regular trading hours of 8 a.m. to 4:30 p.m., the Financial Times reported Tuesday. The new platform is expected to run from 5 p.m. to 7:50 a.m., with a 30-minute pause between 6:30 p.m. and 7 p.m. for end-of-day processing. At launch, the venue will initially provide access to exchange-traded products, including funds tracking UK and U.S. stock markets, per the report. LSE Chief Executive Julia Hoggett told the FT that the initiative is largely aimed at meeting retail demand, particularly from international investors, and that institutional interest in interacting with retail order flow is increasing. The exchange ultimately aims