London Stock Exchange runs second live test on Tradelect platform

The London Stock Exchange (LSE) is happy with the second trial run of its new trading platform, with 18 June still expected to be the go live date.

The London Stock Exchange (LSE) is happy with the second trial run of Tradelect, its new trading platform, with 18 June still expected to be the go live date.

Following a first test on 28 April, when attendance was mandatory for member companies, 19 May saw the second, voluntary, dry run.

“The number of companies [involved] was down but the difference was they were all active participants, which is why we are very pleased,” said an LSE spokesman.

He added that the participants entered higher volumes of transactions onto the systems than in the previous test.

First live tests of Tradelect are a success >>

City banks gear up to test stock exchange platform >>

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