The London Stock Exchange (LSE) has joined the international stock exchange network created by BT Radianz. The connectivity vendor says the deal will increase the distribution of LSE market data and provide other users of the BT Radianz network which include over 40 major stock exchanges in the world, including Nasdaq and TSE, plus 10,000 financial sites – with faster and easier access to LSE information and products. LSE also hopes the speed and convenience of the BT Radianz network will increase activity on its electronic trading platforms.
The LSE is using BT Radianz’s shared market infrastructure to distribute its Infolect market data and trading services. Through a single connection, the BT Radianz shared market infrastructure allows clients to take more data directly from exchanges, ostensibly saving time, circuits, equipment, maintenance, and management.
“Having the LSE on the BT Radianz Shared Market Infrastructure is an excellent example of how the trading environment has increasingly become global and how connectivity between the exchange and its clients, wherever they are internationally, is crucial,” says David Stop forth, Head of European Sales, BT Radianz. “Our customers across the globe are demanding lower latency and direct access to market data sources. BT Radianz provides a global distribution platform for all sources of market data including over 40 exchanges worldwide.”
Wendy Morgan, Head of Real-Time Data at the London Stock Exchange, says “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.”