London Stock Exchange Group
The London Stock Exchange
(LSE) Group currently
offers two real-time market
data feeds - Infolect and
DDM-Plus.
Infolect broadcasts tickby-
tick data for both the UK
and Italian markets and is
integrated with the
exchange's trading platform.
It includes data on the LSE's
equity and fixed income
markets, as well as equity,
fixed income and securitised
derivatives data for Borsa
Italiana. Infolect is available
in level one (best bid and
offer) and level two (full
depth) formats.
Level one data includes
best price and volume, value
traded per security, time
weighted average spread,
market share, opening prices,
trade high and low, mid-price
high and low, individual
trades, closing prices, order
book VWAP, all trades VWAP,
cumulative volumes,
indicative and firm
uncrossing price and volume,
daily official price list and
off-book data.
Time weighted average
spread and mid price high
and low data are not
currently available for the
Italian market. Opening
prices and trade high and low
data is not currently available
for the MTA market for
Italian data Infolect
subscriptions.
Level two data includes
full depth of the book with
all quotes and orders and
level one data.
Infolect delivers full depth
of the market data in under
two milliseconds to the LSE's
client base and also supports
the activities of the
Johannesburg Stock Exchange
and the Oslo Bors.
DDM-Plus is the legacy
market data platform of
Borsa Italiana and provides
equities, derivatives and fixed
income data to a best bid and
offer depth of up to 20 levels.
DDM-Plus provides realtime
market data in the form
of depth-limited millisecond
snapshots to market
participants. DDM-Plus also
provides coverage for all of the Italian markets, including
the derivatives market IDEM,
for which a full-depth tick-by-tick
service is also available.
Both DDM-Plus and
Infolect offer message
throughputs of 20,000
messages per second.
Delivery channels
The London Stock Exchange
Group offers a range of
connectivity models for
subscription to real-time
market data. Members can use
a direct connectivity model,
including the LSE-owned and
managed Extranex network
and BitNet, Borsa Italiana’s
managed network.
The LSE also has a
portfolio of network service
providers and information
vendors to support client
needs.
Support
All London Stock Exchange
Group real-time market data
feeds have a round-the-clock
dedicated support network in
both London and Milan.