The TNS partnership and installation of TNSXpress Layer 1 will allow LSE traders to leverage connection speeds of between 5-85 nanoseconds.
BlueCrest Capital Management has successfully gone live with CDSClear and cleared a trade at the central counterparty service.
Exchange traded products and global depository receipts cleared through LCH can be settled on Clearstream from the third quarter onwards.
Nasdaq has backed FESE’s claims that reducing market hours is the wrong move and would have no impact on the wellbeing of traders.
Nikhil Rathi will lead the UK’s Financial Conduct Authority as CEO after six years with the London Stock Exchange.
Responses to the LSE’s consultation for shorter market hours in Europe highlight the need for all exchanges to make the move if benefits are to be fully realised.
Market participants were sent the consultation this week to provide feedback on shorter trading hours by mid-May.
AFME and the IA have called for a 90-minute reduction in European market hours as the LSE’s consultation nears closure.
Following calls from the industry to reduce trading hours in Europe, the LSE has started a consultation and is accepting responses until the end of January.
AFME and the Investment Association are requesting shorter market open hours to improve culture and diversity in the industry.