LSE sees new record for large-in-scale order type as block trading continues to gain momentum under the MiFID II regime in Europe.
Exchanges are looking to expand into more profitable alternative business lines such as the index and market data business.
Addition of indices to bolster information services business and FTSE Russell at the London Stock Exchange.
Buy- and sell-side leaders debated MiFID II’s best execution requirements, trade reporting and TCA at the LSE this week.
Daily value traded record up 14% from previous record set in February this year.
LSE’s response to Euronext’s deal with ICE Clear included plans for LCH SA to provide clearing services to Turquoise.
Investment follows LSE’s decision to no longer sell its LCH. Clearnet SA business to Euronext.