The London Stock Exchange Is Currently Investigating An Incident. Currently Only FTSE 100, FTSE 250 And IOB Securities Are Available For Trading
Portfolio Pulse from Benzinga Newsdesk
The London Stock Exchange is investigating an incident that has limited trading to only FTSE 100, FTSE 250, and IOB securities. The impact on US-listed ETFs like EWU and SPY is yet to be determined.
October 19, 2023 | 3:21 pm
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NEUTRAL IMPACT
The incident at the London Stock Exchange may affect the trading of EWU, a US-listed ETF that tracks the FTSE 100.
The EWU ETF tracks the FTSE 100, which is currently available for trading. However, the ongoing investigation may cause uncertainty and potential volatility in the ETF's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The incident at the London Stock Exchange may indirectly affect the trading of SPY, a US-listed ETF that tracks the S&P 500.
The SPY ETF tracks the S&P 500, not directly linked to the London Stock Exchange. However, global market volatility can indirectly affect its price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50