The first of London Stock Exchange’s daily intra-day auctions, designed to provide new benchmarking opportunities for fund mangers and a process for managing impending MiFID II volume caps, will take place on Monday 21 March at 12:00. During the two minute auction, continuous trading of all SETS equities, the largest and most liquid shares listed on London Stock Exchange, will be paused allowing the whole market the opportunity to take part in the auction process.
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