The Lahore Stock Exchange (LSE
) is the first fully-automated Stock Exchange which introduced Internet-based trading in Pakistan and has the most premier technology.
Gulf investor Qatar Holdings has reduced its holding in London Stock Exchange (LSE
) by a third, ahead of a USD1.6bn rights issue to fund its acquisition of Russell Investments, the Telegraph reported on Thursday.
On Tuesday, LSE
announced that it had satisfied the acceptance condition of its revised takeover offer for LCH after receiving acceptances for over 55.5% of the targeta[euro](tm)s stock.
"We are encouraged by the level of interest in listing on both LSE
and AIM in the recent years from the Middle East and African markets.
in February launched a merger with TMX, but over the weekend the Canadian outfit revealed that it has received an informal approach from Maple Group Acquisition Corporation, worth 20 per cent more.
"We saw many clients willing to hold off trading their UK orders and wait for the LSE
to open," Toby Bayliss, co-head of European trading at agency broker Sanford C.
Borse Dubai has not been asked to trim its 20-percent stake in the London Stock Exchange to facilitate a merger between the LSE
and the Toronto share market operator TMX, a source familiar with the matter said on Tuesday.
Based in the LSE
Global Governance research centre, INET@LSE will bring together a management committee of senior LSE
faculty, including Prof.
The offer for both institutions is at USD1.5bn, the report said, adding that it will be finalised only close if the 20 percent LSE
stake was included in the transaction.
The sources told Daily Times that a private auditing company presented its report to the LSE
board after a detailed investigation in which massive financial irregularities of Rs 40 million were pointed out.
An agreement which would see the LSE
take a 60% stake in the smaller trading platform could be announced as early as today.
It was her first visit to the LSE
and the first by a British head of state since George V laid the foundation stone of the Old Building in 1920.