However, there are a number of plausible explanations. The UK is one of the only major economies that quotes its share prices in this way. Other countries, like the US, use dollars and cents for quoting their stock prices. It is thought that the LSE’s system has roots in the old days of the pound – pre-1971.
How to buy LSE shares?
Method 1: Open an account with an international broker like Interactive Brokers. Method 2: Get an account with a foreign stock broker. Method 3: Buy LSE stocks with American depositary receipts (ADRs). Method 4: Trade LSE shares through contracts for differences (CFDs).
How much is the LSE worth?
The total value of every company on the LSE is about £2 trillion. To put this into perspective, about four-fifths of it is accounted for by the largest 100 companies on the market. It’s important for investors to remember that although the exchange is based in the UK, not all the companies on the market are British.
