The London Stock Exchange is doubling the capacity of
its trading platform over the next month in readiness for the
transfer of Italian equity on to the platform.
The company
completed its takeover of Milan based Borsa Italiana and has
set September as the deadline for the integration of the Italian
exchanges equities on to its
Tradelect platform.
All equities on the Italian exchange will be traded via
Tradelect by September next year, said the stock exchange.
The 12-month timeframe is only possible because of the ease of
which
increases in capacity can be made with Tradelect, said Robin
Paine, chief technology officer at the exchange.
"It is hard to be exact, but it would probably have taken three
years to integrate without Tradelect," said Paine.