A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne PlunkettJan 15 (Reuters) - The London Stock Exchange Group has proposed a special market for private companies to trade their shares publicly on the exchange on certain days, The Wall Street Journal reported on Saturday, citing a person familiar with the matter. A spokesperson for the London Stock Exchange Group said in a statement to Reuters the company works closely with government, regulators and stakeholders on various issues. It "should be seen as improving on the current options available to companies seeking to raise capital without imposing regulation that will inhibit growth." Last year, Britain's markets watchdog confirmed new rules to boost London's role as a global centre for listing companies after increased competition from the European Union following Brexit.

Source: Wall Street Journal January 15, 2022 16:41 UTC