The London Stock Exchange's (LSE) new boss, David Schwimmer, should consider selling the AIM market, according to an article by Margareta Pagano. Schwab has been a vocal critic of AIM, which he says is "fundamentally flawed". She reckons that it would cost only about £10m ($14m) to buy.
The London Stock Exchange's (LSE) new boss, David Schwimmer, should consider selling the AIM market, according to an article by Margareta Pagano. She argues that AIM would not be a priority for Schwimmer in his new role, as he looks to compete with a new wave of competition and adapt to emerging technologies like blockchain, and the small-cap market would do better if it was independent of the LSE. She reckons that it would cost only about £10m ($14m) to buy.