Spoil the Fun
Working weekends isn’t everyone’s idea of fun, and pressure is building in equities markets to spend less time at desks. Most U.K. stock market participants want a reduction in the world’s longest trading hours, which they say can improve liquidity and industry diversity, according to a London Stock Exchange survey.
Read More: London Traders Vote to Reduce World’s Longest Trading Hours
Yet for LMAX a big cultural shift looks inevitable. A key turning point could come from an election or a trade deal that fuels sudden demand.
“Like them or loathe them, the world needs efficient capital markets,” Mercer said.
This article was provided by Bloomberg News.