The London Stock Exchange (LSE) announced on April 24 that it is consulting on proposed rule changes that would allow third party trading platforms to trade securities listed on its Alternative Investment Market (AIM) as a result of the EU Markets in Financial instruments Directive (MiFID), due to be implemented from November 1. The LSE main market will be within the scope of MiFID and subject to MiFID transparency rules as a result. Even though AIM is outside the scope of MiFID, the LSE believes that MiFID’s transparency should also apply to AIM. The consultation closes May 21.