LONDON, March 20 London Stock Exchange
said on Thursday it was considering the introduction of a new
intra-day auction in response to demand from customers to
improve flexibility in executing trades.
A consultation process is underway over the proposal, and
LSE said that a "broad range of market participants" had given
positive feedback over the idea, which would be a "welcomed
addition to the options available for executing orders".
Traditional stock exchange operators are having to adapt the
way they work after losing market share to alternative trading
platforms such as so-called 'dark pools', which allow large
blocks of shares to be traded anonymously.
(Reporting by Alistair Smout; Editing by Simon Jessop)