New Multi Market Order Routing service for Exchange Hosting clients
- QuantHouse service provides access to all major US and European markets from central London location
- Complements existing ultra low latency market data feeds
- Free one month trial
The London Stock Exchange today announced that QuantHouse is to offer an ultra low latency order routing service to clients located in the Exchange’s hosting facility. The new order routing service operates on QuantLINK, an ultra fast network, and provides access to all major European and US execution venues.
Quanthouse is offering all LSE hosted clients a free one month trial of the new order routing services, alongside its multiple market data feeds. Both services are available within the Exchange’s central London data centre, strategically located to provide optimal average latency to multiple UK trading venues.
Antoine Shagoury, Chief Information Officer, London Stock Exchange Group, said:
“Our aim is to enhance the Exchange’s Hosting value proposition to our co-location clients. The combination of this new low latency order routing service, existing global market data service, and market centre proximity will enable our clients to efficiently execute multi-market trading strategies from our central London location. “
Pierre-François Filet, CEO & co-Founder of QuantHouse, commented:
“All London Stock Exchange co-located clients now have access to end-to-end value added services giving them immediate access to global low latency trading infrastructures. We are very proud to be part of this innovative, cutting edge solution which will become a benchmark for the global trading community”.
Exchange Hosting provides sub-millisecond access to all the London Stock Exchange Group’s markets, allowing firms to physically locate their servers as close as possible to the Exchange’s matching engines.
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For further information, please contact:
London Stock Exchange:
Alastair Fairbrother Press Office +44 (0)20 7797 1222
Lise Ceglia +44 (0) 207 947 4330
About London Stock Exchange Group:
London Stock Exchange Group is Europe's leading diversified exchange business, incorporating Borsa Italiana and the London Stock Exchange. With over 500 member firms and more than 3,000 companies quoted across its markets, the Group operates the largest and most liquid equity marketplace in Europe.
The London Stock Exchange itself is the world's most international exchange with around 600 overseas companies from almost 70 countries. These figures include international companies quoted on the Alternative Investment Market (AIM), the London Stock Exchange's growth market, and the world's most successful market for small and medium sized enterprises with over 1,200 companies.
The Group offers trading in a wide range of instruments, holding the number one position in the trading of exchange-traded products (ETFs and ETCs) and through its interest in MTS, is Europe's leading platform for the trading of fixed income products. Through the Order Book for Retail Bonds and Mercato Telematico delle Obbligazioni (MOT) the Group also offers a comprehensive range of UK and European corporate and government bond trading services. Its Italian Derivatives Exchange Market (IDEM) sees over €2.5 billion worth of trading every day and through EDX London the Group provides a facility for the trading of Scandinavian and Russian equity derivatives.
London Stock Exchange Group also offers post-trade services such as netting, clearing and settlement on an efficient and competitive basis. These include services from Monte Titoli, the Central Securities Depository for all Italian financial instruments, and Cassa di Compensazione & Garanzia (CC&G), which in July 2009 was granted Recognised Overseas Clearing House (ROCH) status by the FSA to operate in the UK.
With the acquisition of MillenniumIT, the Group encompasses a leading developer of low cost high performance trading platforms and financial markets software serving both the industry and the Group's own businesses.
Since February 2010 London Stock Exchange Group has owned a majority stake in Turquoise, a Multilateral Trading Facility (MTF) providing pan-European and US lit and dark equity trading in some 2,000 securities across 19 countries.