Can someone ELI5 how LTSE has an advantage or is differentiated beyond geography and imposing more rules on its listed companies? Can't any of the public companies listed on other exchanges optionally adopt the LTSE's requirements? If shareholders care, they can demand anything?
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So, LTSE has an advantageous listing process for companies with multiple share classes?
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The Whole Foods of exchanges. I get it as a curated brand play, and the NMS arb. Thanks for the explanation.
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