What is Exchange Hosting?
Exchange Hosting provides the lowest latency route possible to London Stock Exchange Group trading venues* and services. Clients co-locate their equipment within the same data centre as the matching engines and market data systems.
Who is it for?
Exchange Hosting is available to all trading participants (members and non-members) and information vendors in London. The Exchange Hosting Service is popular amongst proprietary vendors, trading firms and desks, as well as prime brokers, and is now home to a large community of low latency clients.
What are the key benefits for clients?
The service provides the client with the lowest latency connectivity option, helping to manage risk and improve certainty of execution for their programmed trading strategies. The service also offers a secure and resilient data centre environment, and hosts a community of prime brokers providing trading and other services to non-members.
The Group has one co-location facility, a fully owned and operated City of London datacentre serving London Stock Exchange, Turquoise®, Turquoise Europe™ and CurveGlobal trading venues.
Exchange Hosting has been an instrumental component in increasing the flow of liquidity by reducing round-trip latency times and increasing the likelihood of successful trading execution. The service has enhanced and extended London Stock Exchange Group’s range of connectivity options and gives participants the flexibility to connect to their hosted equipment through a choice of industry-leading carriers. Exchange Hosting enables trading participants to physically locate their servers within London Stock Exchange Group’s data centre facilities, providing low microsecond access to trading platforms and real-time market data services.
Customer Benefits of co-locating with London Stock Exchange Group
Clients today experience a number of significant benefits when choosing to host within London Stock Exchange Group’s data centres:
- The data centres are resilient and maintained to a very high standard with excellent up-time history.
- The facilities are strategically and centrally located to achieve good average latency to multiple trading venues.
- Our flexible connectivity model provides access to a range of industry-leading low latency domestic and European carriers.
- High capacity 10Gb cross-connectivity to trading and information services.
- Low latency access to a growing community of prime brokers who facilitate trading and other essential trading support services for non-member firms.
- On-site remote hands service to assist with or carry out planned and emergency works.
- All clients in co-located environment experience equal distance connectivity to each market in line with MiFID II.
In addition to the traditional Direct Electronic Access (DEA) model operated by member firms, London Stock Exchange, Turquoise® and Turquoise Europe™ cash equity markets offer a Sponsored Access service enabling non-members to connect directly using configurable low latency pre-trade risk checks and controls, managed by their sponsoring member. This service further enhances the opportunities for clients wishing to trade on those trading venues from within the Exchange Hosting Service.
GPS Time Synchronisation Service
London Stock Exchange Group can provide time synchronisation in our datacentre through GPS and PTP.
A team of highly-skilled, dedicated engineering resources is available for client installations and modifications to existing equipment. This service extends to beyond the traditional level of racking and stacking. Clients should enquire with their local London Stock Exchange Team for further explanation of services we are able to provide.
The Trading Launchpad is a Group wide collaboration to promote access to the LSEG markets for new trading participants. Exchange Hosting offer these customers shared cabinet space for the collection of real time market data only. This opportunity allows customers to test their algorithms with a set of real market data, without trading and making or losing any money, thus preparing the customer for future trading on the LSE markets. The Launchpad Service is only available for new customers and is limited to 12 months.
LSEG complete any physical work required on behalf of Launchpad customers, and customers must be escorted on any visits to the data centre. The shared cabinet is limited to 750W of power.
Exchange Hosting Accredited Carriers
There are a diverse mix of accredited carriers for the Exchange Hosting Service. To find out more please contact our sales teams.
*Excludes FX All and TradeWeb trading platforms