Wednesday October 16 2019
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: UK
Link: https://bit.ly/2pll7Ds
On 15th October 2019, the London Stock Exchange Group (LSEG) announced the launch of the Global Equity Segment (GES) on London Stock Exchange plc, following the completion of its first trade.
The Global Equity Segment will offer trading in 95 international securities including US blue chips and Chinese ADRs on the MTF (MIC code XLOM) operated by London Stock Exchange and available during regular London trading hours.
The new segment will provide investors the opportunity to reduce time zone risk whilst accessing exposure to global securities.
Traded in USD, GES utilises a well-established CREST Depository Interest (CDI) workflow allowing quick and efficient cross-border settlement between the UK and US within a T+2 settlement cycle.
Click on the above link for further information.