Rights protection investor Elliott establishes a position in London Stock Exchange Group plc
According to a source familiar with the investment situation, Elliott Investment Management has established a position in London Stock Exchange Group shares, which is currently striving to cope with the impact of artificial intelligence and the reduction in listed trading. It is still unclear how many shares this activist hedge fund led by Paul Singer has acquired, and what specific reforms it will push for. According to UK regulations, investors must disclose if they hold 3% or more of a listed company's shares. The stock price of London Stock Exchange Group surged 8.4% in early trading on Wednesday, marking the largest intraday gain in over three months, before giving back most of the gains. (Financial Times)