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Really I thought you where describing the main Chinese stock exchange there. Compared to other exchanges the LSE is well regulated - even the USA's exchanges
by spacecowboy_lon 11y ago
Really I thought you where describing the main Chinese stock exchange there.
Compared to other exchanges the LSE is well regulated - even the USA's exchanges get away with stuff (doddgy share classes with different voating ) that woudl get you kicked out of the indexes here.
- s_dev 11y agoLondon's financial markets are notoriously unregulated since 1986. They mention the Big Bang frequently throughout the article. https://en.wikipedia.org/wiki/Big_Bang_(financial_markets) https://en.wikipedia.org/wiki/Big_Bang_(financial_markets)
- spacecowboy_lon 11y agoRealy? there's more red tape and regulation post big bang before that it was the old boys club and chaps sorted out issues in private over drinks at their club.