The London Stock Exchange confirms that it is aiming to achieve rationalisation of securities trading across Europe and internationally, to meet the needs of users who naturally want the simplest, most straightforward and cheapest way to deal in shares in international companies across the world.
Discussions are taking place with Deutsche Börse to see if a merger between the two exchanges can be the first major step in this process. London's leading position in the trading of international securities gives it a pivotal role in the realignment of exchanges and it is not yet clear that a merger with Deutsche Börse can be agreed.
