Without the support of European exchanges, however, it's likely that the goal of shorter hours in London would be hard to achieve.
The FESE's secretary-general Rainer Riess said the push for a shorter day was a “very UK-centric debate” and one not seen to the same extent in Europe. He said there needed to be a greater focus on the use of shifts as a way to improve work-life balance.
Mr Riess told the FT: “If you shorten the hours, there will be a threat to liquidity in terms of transparency. Exchanges have to do what is best for price formation and overall stability and resilience. Lifestyles are changing and people want to trade before and after work.”
