As November 1 approaches, the London Stock Exchange (LSE) has stepped up its offensive to ensure it retains the lion’s share of business in the post-Mifid (Markets in Financial Instruments Directive) environment. Following on from its highly published launch of a faster, more efficient trading system, TradElect, the LSE has released a brochure detailing its Mifid services.
These services include additional SETS functionality, a pan-European trade reporting for both on- and off-exchange trades, pre- and post-trade transparency, best execution, market data availability and transaction reporting.
Facilities for data and best execution analysis include a new stand-alone service channels on Infolect to provide data on all off-book trade reports and the provision of new best-execution services through Proquote, which will provide execution reports for retail trades comparing quotes on multiple venues and transaction cost analysis.
The week on Risk.net, November 17–24, 2017Receive this by email