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London Stock Exchange (LSE)

The primary equity market in the United Kingdom and a member of the London Stock Exchange Group which also includes Borsa Italiana.

Homepage
Currency: British Pound (GBP)

Trading Hours & Calendar

Trade Execution Summary

Lit Order-types

  • Limit Buy/Sell (Day/IOC)
  • Market Buy/Sell (Day)

Available ATS

  • Chi-X Europe
  • BATS Europe
  • Turquoise

Basic Market Rules

  • Lot Size - 100 shares
  • Tick Size - A detailed breakdown can be found on the Price Format Schedules of the document found here.
  • Short Sale Rules - Naked short selling is prohibited. More information can be found here.
  • Circuit Breakers - A auction will be triggered when the price of a potential execution is more than a defined percentage above or below the applicable reference price(s) as defined in section 7.3 of the document found here.

Auction Mechanisms

The LSE auction mechanism is the same for price monitoring auction (circuit breakers), open and closing auctions. The details of how the mechanism works can be found in section 7.2 of the document found here.

Open

The opening auction occurs at 08:00 and is preceded by a 10-minute order entry phase from 07:50-08:00. During this order entry phase orders can be entered but will not be matched.

Close

The closing auction occurs at 16:35 and is preceded by a 5-minute order entry phase from 16:30-16:35. During the order entry phase orders can be entered but will not be matched.

Other Reference

Recent News

Financial News/Research

  • <list of news sources>

Market Data

  • <list of data sources>
lse.1373546498.txt.gz · Last modified: 2017/03/14 12:34 (external edit)