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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