London Stock Exchange Offers Details of Corporate Actions Pricing to Clients

LONDON-The London Stock Exchange (LSE) released details of its controversial corporate actions pricing plan to its customers early last month, as anticipated (IRD, October 2006). The new prices for corporate actions data are due to take effect on April 1, 2007.

The LSE's Corporate Actions Pricing and Policy Guide, Version 1.0, is intended to provide customers with "guidance on the policies governing the usage and distribution of the Exchange's corporate actions data."

According to the LSE, for

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