The London Stock Exchange's
Tradelect electronic trading platform has contributed to a 19%
increase in the company's revenues with higher trading
volumes.
The stock exchange reported revenue of slightly more than £100m
for the first quarter and said
Tradelect had played a key part in this.
The London Stock Exchange said technology has enabled greater
trading volumes. "For example, Tradelect has devlivered a step
change in trade execution latency from 140 milliseconds to 10, even
during periods of high load," it said.