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, July 7-13, 2018Receive this by email