By Tim Ferguson, 18 December 2006 12:35
NEWS
The London Stock Exchange (LSE) has signed a deal with BT Radianz which will give traders direct access to market data.
The deal means the LSE will be able to distribute its market data to more than 40 major stock exchanges and about 10,000 financial sites around the world.
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The Radianz network allows clients to access market data directly from exchanges. In this case, the network will give traders access to the LSE's Infolect real time market data system.
It is hoped the deal will boost electronic trading on the LSE by making a greater amount of data available to investors and traders and increasing the speed at which they can conduct transactions.
BT Radianz was initially formed in 2000 by Reuters and Equant. It was acquired by BT in 2005 and rebranded as part of the company's Global Financial Systems arm.
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