Financial traders demanded shorter transaction hours in European stock markets, including the London Stock Exchange, the Association for Financial Markets in Europe (AFME) said on Thursday.
The AFME said in a press release that the demand was meant to “improve culture, diversity and wellbeing on trading floors, and create more efficient markets.”
The association called for working between 9 a.m. and 4 p.m. GMT instead of 8 a.m. and 04.30 p.m. GMT.
“A reduction of 90 minutes in European markets would create more efficient markets, benefiting savers and investors,” it said.
It also asserted that the first transaction hour