PrimaryBid Signs Agreement with London Stock Exchange
November 21 2019 - 9:49AM
Dow Jones News
By Sabela Ojea
PrimaryBid Ltd. said Thursday that it has signed a commercial
agreement with London Stock Exchange Group PLC (LSE.LN) to expand
access to equity offerings.
The online-investment platform, which connects retail investors
with listed company offerings, will build a digital infrastructure
together with LSE to enable retail investors in share offerings on
the same terms as institutional investors, it said.
That way, retail investors will have real-time access to share
deals, it said.
The deal combines LSE's "unparalleled expertise" in market
infrastructure with PrimaryBid's digital distribution engine,
PrimaryBid said.
"This agreement is part of our ongoing commitment to broaden the
services available to retail investors. Individual investors and
issuers will benefit from the additional capital and liquidity
available through PrimaryBid's platform, helping to make markets
more accessible for all," Head of Equity Primary Markets Charlie
Walker said.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
November 21, 2019 09:34 ET (14:34 GMT)
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