Characteristics of the London Stock Exchange

In the context of global equity markets, stock exchanges play a crucial role in providing a platform for the buying and selling of securities. Each stock exchange has unique characteristics, including trading mechanisms, listing requirements, and regulatory frameworks. Understanding these differences is essential for investors looking to diversify their portfolios across various markets.

Consider the following statement regarding stock exchanges:

'The London Stock Exchange (LSE) primarily operates on an order-driven market structure, where trades are executed based on the supply and demand of buy and sell orders.'

Which of the following statements about the LSE is MOST accurate?