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City traders ask for 9-to-4 trading day
The London Stock Exchange is to consider lopping 90 minutes of the trading day in a bid to improve mental health and attract more women and working parents to a high-pressure environment known for gruelling hours. The LSE made the announcement after City lobby groups sent a letter to nine exchanges, including Germany’s Deutsche Boerse and the Amsterdam-headquartered Euronext, urging them to adopt the proposal. The Investment Association, which represents City firms that have £7.7tn in assets under management, and the Association for Financial Markets in Europe (AFME), said that the 81/2-hour European trading day ... (full story)