The head of the London Stock Exchange, David Schwimmer, has hit back at claims the U.K.’s main stock market is in a state of decline, saying it’s “a very healthy, very successful, very well functioning market.”
In a roundtable meeting attended by MarketWatch, LSEG UK:LSEG CEO Schwimmer said “the London markets work very well,” as he blamed this years’ drought of initial public offerings (IPOs) on market cycles and the state of the global economy. “IPO markets open, IPO markets close, they’ll be back.”
The…
