FTSE set for crunch 'free float' meeting

Index provider – now fully owned by the London Stock Exchange – is meeting today to review free float regime

FTSE International, the index provider now fully owned by the London Stock Exchange, is set to hold a meeting today to review its free float regime – which determines the extent to which companies wishing to be included in its indices must make their shares publicly available.

The meeting comes amid growing dissatisfaction at the growing influence of commodities and foreign-owned companies in measures such as the FTSE100.

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