Why did the London Stock Exchange launch the RNS?
The RNS was officially launched in 1988, replacing the Company News Service, which published full-text reports. Since then, the RNS has become the London stock market’s official news outlet for both regulatory and financial announcements for UK-listed and AIM-listed companies.
Since its founding, the RNS has become a globally recognised provider of regulatory news. This news can play a crucial role in helping traders and investors make informed decisions about the shares of UK companies. This is because the information supplied by the RNS is normally published on over two million professional terminals, databases and financial websites around the world.
For companies, releasing their company news through the RNS enables their announcements to spread quickly to traders and other interested parties.
For individuals, the RNS is a reactive source of news about UK companies. This news could form the basis of some traders’ decisions to open or close a position, which means that the financial markets are very reactive to RNS announcements.