London’s IPO market should not be a closed shop

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London’s IPO market should not be a closed shop

Aidan Gregory
February 09, 2021 02:15 PM
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--FILE--View of London Stock Exchange in London, the United Kingdom, 17 June 2019. Hong Kong Exchanges and Clearing Ltd announced that it had offered to buy London Stock Exchange Group Plc for $36.6 billion, marking a significant push by the Asian bourse operator to further extend its global reach in Hong Kong, China, 11 September 2019. | Imaginechina/SIPA USA/PA Images

Retail shareholders have been excluded from a string of recent hot IPOs on the London Stock Exchange. This does little to dispel accusations that financial markets are the preserve of the elite.

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