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'Significant majority' back shorter hours for London Stock Exchange

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The London Stock Exchange (LSE.L) has found strong support among customers for proposals to shorten its daily trading hours.

The London Stock Exchange on Monday released the results of a survey on proposal to shorten the trading day. The group said a “significant majority of respondents were sympathetic to the arguments that a reduction of market hours could lead to improvements in diversity and wellbeing.” Traders also rejected concerns that a shorter trading day would hurt liquidity in markets. “Most respondents believe shorter hours would improve the velocity of trading and liquidity available on the order book,” the London Stock Exchange said.

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