Lse Crash Sparks Call for More Openness

Summary


PRESSURE is mounting on London Stock Exchange chief Clara Furse to share more data about prices with new rivals Chi-X and Turquoise to help create a genuine open market in share trading.

The three exchanges have held talks about sharing key data such as the prices at which shares are traded on their platforms to allow true choice for share traders. The Financial Services Authority is also thought to be looking at the issue.

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Extract


Lse Crash Sparks Call for More Openness

The issue of a common share price system was thrown into sharp relief earlier last w...

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