A CRITICAL OVERVIEW OF THE TRANSPARENCY AND COMPETITIVENESS OF THELONDON STOCK EXCHANGE

Risk Governance & Control: Financial Markets & Institutions

Muhammad Surajo Sanusi¹ 

关键词: Competitive Forces;    Transparency;    London Stock Exchange;    Settlement;    Clearing;    IPO’s;    Transaction Costs;   

DOI  :  10.22495/rgcv8i2p5

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

This paper explores the operational activities of the London Stock Exchange in the 21st century to provide an overview of its operational transparency and competitiveness; the competition among its market participants and how it competes with other developed stock exchanges around the world. Evidence was found that suggests the manifestation of both competitive and uncompetitive practices in the London Stock Exchange. The presence of the key elements that enhance the competitiveness of the market, such as continued technology transformation, strategies that promote globalisation and regulatory flexibilities was observed. Simultaneously, signs of non-competitiveness such as high membership and annual fees, transaction costs and stamp duties were also observed.

【 授权许可】

CC BY-NC