CNBC Stock Blog

London Mover: LSE Group

London Stocks Exchange Group was the worst-performing stock on the FTSE-100 Thursday, with investors disappointed about a plan to cut fees.

LSE is cutting fees by about 9 percent, and moving away from the "maker taker" model, Reuters reported. The "maker taker" model charges customers that remove liquidity from a market and offers rebates to those that provide liquidity, according to The Options Insider.

Citigroup reaffirmed its "sell" rating on the stock with price target of 660 pence ($10.89) a share, noting that LSE's market share in UK equities is falling each month, Reuters reported.