LSE Announces Plans to Establish New Bond Trading Hub in London

[kreslik.news]

London Stock Exchange Group (LSEG) formally announced plans to launch the International Securities Market (ISM), an additional market for the issuance of primary debt that would compete with exchanges such as Ireland’s Global Exchange Market and the Euro MTF in Luxembourg.

The new exchange would also act as an alternative venue for emerging-market issuers without an EU equity listing to raise debt finance.

The step comes less than a month after the UK’s market regulator, the Financial Conduct Authority, announced that it is gauging the appetite for a wholesale bond multilateral trading facility to be set up in London. The exchange-regulated multilateral trading ... (read more)