Signs Partnership Agreement with Borsa Istanbul
Under the terms of the partnership agreement London Stock Exchange Derivatives Market (LSEDM) will offer trading in futures and options on the BIST 30 Index and on leading Turkish stocks. In addition, LCH.Clearnet will provide central counterparty services to LSEDM and its clearing members.
MTS and B2SCAN launch initiative to enhance liquidity in credit market
MTS, one of Europe's premier fixed income trading venues, has launched an initiative with B2SCAN, an aggregator and search engine of bank inventory, runs and axes for the buy-side, which enhances pre-trade information and efficiency for traders on MTS's BondVision platform in Europe.
The agreement between MTS and B2SCAN focuses on pre-trade information and automated trade execution, allowing buy-side traders to identify a bank that is willing to buy or sell a particular bond, or list of bonds and then electronically execute their trades on MTS BondVision. The initiative aims to combine the benefits of pre-trade inventory discovery with automated electronic execution and straight through processing.
Proquote offers direct connection to Turquoise
On 17 December, Proquote, London Stock Exchange's market data and trading system for intermediaries announced a direct connection to Turquoise, the European Multilateral Trading Facility (MTF), giving investors access to over 4,000 shares, Depository Receipts, and ETFs admitted to trading from 18 European countries. The new connection requires no infrastructure upgrade for existing customers, with the Proquote Trading Platform FIX 4.2 interface seamlessly transitioning to Turquoise's FIX 5.0.
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/
London Stock Exchange Group plc