N11/20 - Feedback on N18/19 market consultation

           Introduction

1.        On 10 December 2019 London Stock Exchange ("the Exchange") published a consultation on a number of potential market structure changes including an adjustment to trading hours, a reduction in the number of auctions for SETSqx securities; and the operation of the Exchange's Intraday Auction.  This consultation was included as an attachment to N18/19.  Member firms and interested parties were invited to comment on this consultation by close of business on 31 January 2020.  

Summary of responses to the consultation

2.        The Exchange would like to thank all those who took the time to respond to the consultation.  It was originally intended to publish the summary of responses at the end of Q1 2020.  However, with the unprecedented period of market activity associated with COVID-19, publication was postponed until a time when stakeholders and other interested parties could better focus on the matters the consultation addressed.

3.        As a result, the summary of consultation responses is now provided as Attachment 1 to this Notice.  This summary is intended to assist the progression of discussions with all stakeholders and, where it appears that a strong consensus exists, to set out the proposed next steps.

           Queries

4.        For any queries regarding this Notice please email [email protected].  

Amanda Harvey

Head of Rules and Compliance, UK Markets

This Stock Exchange Notice will be available on the website at: https://www.londonstockexchange.com/resources/london-stock-exchange-notices

Calls to London Stock Exchange plc may be recorded to enable London Stock Exchange to carry out its regulatory responsibilities