Press releases 2011
Proquote to be offered through FactSet
- New access partnership with FactSet
- One stop trading solution for UK market
Proquote announced today that it will be providing full access to its trading functionality through FactSet, a leading provider of financial information and analytical applications to the global investment community.
In partnership with FactSet, Proquote will be instrumental in providing the international investment community access to a single portal for UK markets. Through this, clients will be able to conduct market trades whilst utilising the FactSet platform’s financial information services.
David Tibbetts, Head of Proquote at London Stock Exchange Group, said:
“This is an exciting development for Proquote. FactSet customers will gain full access to Proquote’s trading functionality through the FactSet platform. The combination of FactSet’s tailored analytics tools with Proquote’s real time trading system offers a unique opportunity for customers to explore investment strategies and trade UK markets in one place.
“The partnership with FactSet is part of an ongoing commitment to our own customers to provide new and improved routes to trading on the UK and Europe’s capital markets, utilising Proquote’s robust and innovative trading technology.”
Martin Gissel, Senior Vice President, Managing Director of FactSet EMEA. Said:
“Our partnership with Proquote represents the first time FactSet clients can make investment decisions and initiate trades from within the FactSet platform.
“In keeping with our strategy to provide clients with tools that directly support their workflow, UK-focused managers can fully support their clients’ assets within the FactSet Workstation.”
Customers accessing Proquote through FactSet will have access to London Stock Exchange and UK Equity Market Level 1 and 2 price information. They will also be able to utilise the extensive Retail Service Provider network and will have direct access to London trading for equities and fixed income.
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For further information, please contact:
Lauren Crawley-Moore Press Office +44 (0)20 7797 1222
Notes to editors:
Proquote is a leading, cost effective global market data provider, offering real-time news and analysis from over 100 markets. Proquote's extensive coverage includes data on equities, futures and options, commodities, metals and derivatives, and features comprehensive analytical and charting tools. Proquote also offers a wide range of trading services through its trading platform and FIX execution gateway. The Proquote Order Management System (OMS) offers brokers the ability to place orders directly on the London Stock Exchange order book to any of the Retail Service Providers on the Proquote network. Its software is based on Microsoft Windows technology which can be installed on individual PCs, eliminating the need for separate terminals. Proquote is part of the international diversified exchange business, London Stock Exchange Group.
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services.
Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.