The London Stock Exchange Group (LSE) has rolled out a new high-speed trading service Sponsored Access, The Wall Street Journal reports. Through the service, traders will be able to get faster connectivity to order books of the London exchange and of its pan-European equities trading platform Turquoise.
The new service will provide non-member trading firms a direct connection to LSE’s electronic orders books using the trading codes of a sponsoring member firm. The service is already being tested by Barclays Capital, Deutsche Bank, Otkritie and Renaissance Capital.
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