LSE launches revamped trading system

New trading system boosts volume by 6% on first day trading at LSE

The London Stock Exchange (LSE) has launched a new electronic trading system, TradElect, which claims to be able to execute a trade in 10 milliseconds.

The new system forms part of the LSE’s £40 million investment in new technology to help the exchange cope with increasing volumes and to offer a more competitive service in anticipation of new entrants, once the Markets in Financial Instruments Directive comes into force in November.

According to the LSE, volumes increased by 6% on the first day of using the new system. The system is designed not to slow down during peak times, as has been the main problem with older systems.

Other exchanges, including the New York Stock Exchange and Euronext, hope to speed up their own trading systems to remain competitive in an expanding market.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here