The London Stock Exchange is improving the distribution
of financial data with the adoption of BT Radianz’s trading data
network.
BT Radianz, which is part of BT Global Services, will connect
the LSE to an information network already used by over 40 other
major stock exchanges across the world, including Nasdaq.
Wendy Morgan, head of real-time data at the LSE, said, “BT
Radianz has built a reputation for facilitating access to exchanges
through efficient and reliable connectivity. We will work closely
with the team to promote this service globally.”
The LSE’s decision is designed to allow traders to more easily
access LSE information and products, potentially cutting the time
and cost of trading on the exchange.
The deal allows the LSE to offer cost effective connectivity to
the exchange's Infolect market data and trading services to clients
globally.
Through a single connection, the BT Radianz shared market
infrastructure allows clients to take more data directly from
exchanges, saving time, network circuits, equipment, maintenance,
and management.
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