The London Stocks Exchange

Just slightly smaller than NASDAQ, the London exchange is closer to the NYSE in age at 215 years old. As of the year ending 2014, the London Stocks Exchange had a market capitalization of US$6.06 trillion making it the third largest stocks exchange market globally. The London Stocks Exchange was as a result of a merger between the Stocks Exchange of Great Britain and that of Ireland. Currently, the Financial Times Stocks Exchange (FTSE) 100 share index is the dominant index at the LSE. Currently the most international stocks market exchange market, there are over 350 companies from over 50 countries listed on the London Stocks Exchange. The companies listed from the source of equity-market liquidity as the exchange aims at eliminating cost of regulatory barriers in capital markets. The FTSE 100 index accounts for 80% market capitalization at the London Stocks Exchange. However, other indices such as the FTSE AllShare Index are slowly gaining in popularity. Firms conducting stocks loans or securities lending business at the London Stocks Exchange are under the regulations of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001. This means that the activities of such firms are subject to the act. On the other hand, an authorized stocks lender or borrower would be subject to the provisions of the Financial Services Authority (FSA).