Press Releases

Distributed: Feb 15, 2011

Alerts Login

View in Other Languages 2150 1427 1405 1255 1013 972 

Sydney, Feb 15, 2011 (ABN Newswire) - The London Stock Exchange's (LON:LSE) UK cash markets have today migrated to a new ultra low-latency trading platform - Millennium Exchange. Developed by London Stock Exchange Group's leading trading technology business MillenniumIT, Millennium Exchange is a highly scalable, multi-asset class trading platform, offering the Exchange's clients superior technical performance, ultra low-latency and enhanced functionality.

Antoine Shagoury, Chief Information Officer, London Stock Exchange Group, said:
"Today's roll-out of Millennium Exchange for our UK cash markets demonstrates our continued commitment to technological innovation in the marketplace. We are confident that this new platform will provide our customers with exceptional levels of performance, functionality, and capacity.

"This migration is a crucial step forward in our drive to offer best in class trading services and marks a key milestone in the introduction of tightly integrated transaction technology across our markets."

The timeline for further phases of the London Stock Exchange Group's migration to Millennium Exchange, covering the other markets operated by the Group, will be released in due course.

The following UK Trading Services have migrated to Millennium Exchange:

- SETS (including ETFs, ETCs and ETNs)
- Modified SETS (including Covered Warrants and other structured products)
- SETSqx
- SEAQ
- International Order Book (IOB)
- European Quoting Service (EQS)
- European Trade Reporting Service
- Trade reporting only


About London Stock Exchange Group plc

London Stock Exchange Group (LON:LSE)(PINK:LDNXF) sits at the heart of the world's financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access to an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages of over 200,000 equity, bond and alternative asset class indices.

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,850 people.

Further information on London Stock Exchange Group can be found at http://www.londonstockexchangegroup.com/

Contact

Alastair Fairbrother
Press Office
TEL: +44-20-7797-1222
newsroom@londonstockexchange.com

  Related Companies

>>>         London Stock Exchange Group plc

  Related Industry Topics:

Financial General | Infrastructure & Technology | European Finance News | 

  This Page Viewed:  (Last 7 Days: 190) (Last 30 Days: 1030) (Since Published: 21500) 

21500 14270 14050 12550 10130 9720  (82220)

Events & Exhibitions

Site Search

 
 ENGLISH   All Languages

Upcoming WebCasts

Mr Mark Paton CEO
Cue Energy Resources
Tuesday, June 12, 2012

Mr Alan Hopkins CEO
Pan Asia Corporation
Tuesday, June 12, 2012

Mr Barry Dawes
Martin Place Securities
Tuesday, June 12, 2012

Dr Andrea Grant CEO
Living Cell Technologies
Monday, July 02, 2012


Webcast Your Annual General Meeting

Mobile Video TV

qrcode
Scan with your Mobile Phone to view ABN Newswire Video Channel on Mobile
 
City Index - A Better Way To Trade