LONDON - GlobalData Plc, a prominent data and analytics platform, has transitioned the trading of its shares to the London Stock Exchange (LON:LSEG)'s SETS (Stock Exchange Trading System) platform effective today. The company, previously trading on the SETSqx platform, aims to enhance liquidity for investors through the SETS's traditional order book trades and the provision of two-way quotes from market makers.
SETS is recognized for its fully electronic order book and is typically used by larger companies. This move by GlobalData is expected to offer investors better access to trade shares with potentially greater efficiency and transparency.
GlobalData Plc, listed under AIM: DATA, specializes in providing data, insights, and analytics across various major industries. The company's strategic decision to switch platforms underscores its commitment to optimizing investor experience and access to its shares.
The transition to SETS is taking place today, aligning with GlobalData's ongoing efforts to facilitate improved trading mechanisms for its shareholders. This change is part of the company's broader initiatives to leverage technology and systems that can support its growth and the interests of its investors.
It should be noted that the information about GlobalData's move to the SETS trading platform is based on a press release statement from the company.
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