22 October 2017

LSE reaffirms commitment to Regulatory News Service

01 August 2001  |  2540 views  |  0 LSE reaffirms commitment to Regulatory News Service

The London Stock Exchange says it will run its Regulatory News Service (RNS) operation as a commercial venture after the Financial Services Authority opens up the market to competition later this year.

Confirmation of the Exchange's commitment came in its response to the FSA's Consultation Paper (CP92) on proposed changes to the current UK market news dissemination arrangements. The FSA proposes to strip the London Stock Exchange of its monopoly on the publication of price sensitive information, opening it up to competition from third party operators such as PRNewswire.

RNS releases around 170,000 announcements each year, which are distributed to over 250,000 professional terminals worldwide. In the past year, the Exchange has invested heavily in developing RNS, including the launch of new Internet services last autumn.

Details of pricing and further enhancements to RNS will be announced after the FSA has concluded its review says the Exchange.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

London Stock Exchange launches landMark nationwide

London Stock Exchange launches landMark nationwide

26 July 2001  |  2391 views  |  0 comments
London Stock Exchange rolls out IP communications network

London Stock Exchange rolls out IP communications network

18 July 2001  |  2858 views  |  0 comments
LSE to launch electronic shareholding scheme

LSE to launch electronic shareholding scheme

19 June 2001  |  2245 views  |  0 comments
London Stock Exchange names Lester as CIO

London Stock Exchange names Lester as CIO

07 June 2001  |  2415 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.innotribe.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
10720 views comments | 22 tweets | 26 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
10404 views comments | 17 tweets | 24 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9122 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8182 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
8028 views comments | 10 tweets | 22 linkedin

Featured job

Find your next job