LSE to Offer Equity Research on Smaller Firms

Finextra reports that the London Stock Exchange (LSE) is launching an equity research service that will provide information and analysis on smaller companies.

The exchange has recruited New York's Argus Research, Chicago's Pipal Research and UK-based Independent International Investment Research to produce standardised equity research for the service, called PSQ Analytics.

Companies will be allocated one of the three providers on a pre-determined basis to ensure impartiality of the research, says LSE.

The research will be distributed free of charge via Bloomberg, Thomson Reuters and a dedicated Web portal. The LSE says it will not be taking any revenue from the service and its role will be to provide marketing and facilitate the distribution of the research.