Home  |   Investor Centre   |   Products & Services   |   About the Exchange   |   Investor Relations   |   EDX London
Product selector   |   Help
Link to: London Stock Exchange Home Page
Membership & trading Company services Info products Market data Media complex Training services Consultancy Services IR Solutions eContracts
Link to: Print this page Link to: Email this page Link to: Bookmark this page

Main Market - the listing process 


Joining the Main Market involves two processes. Responsibility for the approval of prospectuses and admission of companies to the Official List lies with the UK Listing Authority (UKLA), a division of the Financial Services Authority (FSA). The Exchange is responsible for the admission to trading of companies to the Main Market.

As a result joining the Main Market involves a two stage process. A company applies for its securities to be admitted to the Official List (a ‘listing’) through the UKLA and the listing is dependent on those securities gaining admission to trading on the Main Market through satisfying the Exchange’s Admission and Disclosure Standards.


 


Roles and responsibilities
The UKLA, which is the competent authority for listing in the UK, is part of the FSA. It is responsible for drawing up and monitoring the FSA's Listing, Transparency and Disclosure, and Prospectus Rules for Main Market companies.


The Exchange is a recognised investment exchange under UK law and has a duty to ensure that dealings in securities admitted to its markets are conducted in a proper and orderly manner. To ensure this, it requires listed companies to meet specific standards.


 

Sponsored By:
Links
UKLA
UKLA Listing Rules
Admission and Annual fees
Downloads
pdf IconGuide to the Main Market (PDF 2Mb)
pdf IconAdmission and disclosure standards
pdf IconPractical Guide to Listing
doc IconForm 1

All download files and external
links open in a new window
To download Acrobat Reader,
click here
©2008 London Stock Exchange plc. All rights reserved