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LSE's Tradelect platform contributes to 19% rise in trading volume

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 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.

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