Reform of the London Stock Exchange
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competitive threats, in the shape of international and, to a lesser degree, domestic securities business that was by-passing the Exchange;
the increased bargaining muscle of institutional investors;
the agreement reached between the Secretary of State for Trade and Industry and the Chairman of the Stock Exchange following removal of the Exchange’s rule book from an Office of Fair Trading inquiry; and
advances in information technology.
KeywordsStock Exchange Institutional Investor Limited Liability Equity Stake London Stock Exchange
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