London Stock Exchange (LON:LSE) Cash Markets Go Live on New Trading System

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/

 

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London Stock Exchange Group plc