Financial Conduct Authority probes use of stock market roof

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img

City regulators are probing the owner of the London stock market – over access to its roof.

Only London Stock Exchange Group (LSEG), which operates the London Stock Exchange, can use the rooftop of its building for radio equipment used for high-speed connectivity.

The Financial Conduct Authority (FCA) said other trading groups were unable to install equipment, blocking out alternatives for high-speed connections. 

Probe: Only London Stock Exchange Group, which operates the London Stock Exchange, can use the rooftop of its building for radio equipment

Probe: Only London Stock Exchange Group, which operates the London Stock Exchange, can use the rooftop of its building for radio equipment

The FCA has provisionally accepted a proposal from LSEG and the landlord of its data centre building to share the rooftop.

The FCA has not reached a decision on whether competition law had been broken.

LSEG has not been the subject of any infringement decision, a spokesman said.

DIY INVESTING PLATFORMS

Easy investing and ready-made portfolios

AJ Bell

Easy investing and ready-made portfolios

AJ Bell

Easy investing and ready-made portfolios

Free fund dealing and investment ideas

Hargreaves Lansdown

Free fund dealing and investment ideas

Hargreaves Lansdown

Free fund dealing and investment ideas

Flat-fee investing from £4.99 per month

interactive investor

Flat-fee investing from £4.99 per month

interactive investor

Flat-fee investing from £4.99 per month

Account and trading fee-free ETF investing

InvestEngine

Account and trading fee-free ETF investing

InvestEngine

Account and trading fee-free ETF investing

Free share dealing and no account fee

Trading 212

Free share dealing and no account fee

Trading 212

Free share dealing and no account fee

Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.

Compare the best investing account for you

#Financial #Conduct #Authority #probes #stock #market #roof

- Advertisement -spot_imgspot_img

Latest news

- Advertisement -spot_img

Related news

- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here