Our trading platforms are designed to maximise liquidity in the stocks traded on them. From our premium fully electronic order-driven trading platforms for liquid UK and international securities, through to our quote driven market maker platforms for less liquid securities.
TradElect
Visit the TradElect website for details on how TradElect, the Exchange's new trading system, delivers more capacity and less latency for member firms.
The first download on the right of this page is the Guide to TradElect, our new trading system. The guide describes in generic terms the operation of the trading services, accessible by members of the Exchange, supported by TradElect.
The detailed operation of each trading service is governed by the specific configuration of TradElect for that service and the Rules of the London Stock Exchange. The separate TradElect Parameters document provides a business breakdown for each trading service.
Borsa Italiana and the London Stock Exchange are currently working to integrate their trading and information systems in order to bring unprecedented levels of performance, improved tradability and access across asset classes and markets for all of our customers. More information about the integration.
Larger Sized Marker Maker
November 2006 saw the London Stock Exchange introduce a scheme for Market Makers to advertise larger sizes in tighter spreads in less liquid stocks.
Our domestic trading systems
SETS is the London Stock Exchange's premier electronic trading service that combines electronic order-driven trading with integrated market maker liquidity provision, delivering guaranteed 2-way prices.
SETSqx (Stock Exchange Electronic Trading Service – quotes and crosses) supports 4 electronic auctions a day along with continuous stand alone quote driven Market Making.
Quote driven platform for Fixed Interest market and AIM securities not traded on either SETS or SETSqx.
In response to MiFID, from 29 October 2007 SETSmm was combined with SETS. Going forward the service is called SETS.
Our international trading services
International Bulletin BoardAn electronic order book for trading international securities with a secondary listing on the London Stock Exchange.
EUROSETS - Dutch Trading Service
An order-driven trading service offering secondary market trading in liquid, large and mid-cap Dutch equities in the AEX and AMX indices.
European Quoting Service
Quote Driven Market Making and trade reporting service for liquid MiFID secrutites not on another Exchange service
European Trade Reporting
Trade reporting service for non-liquid MiFID securities not found on another Exchange service.
International Retail Service
From 29 October market maker support for many of the securities traded on the International Retail Service (IRS) will be found on our new MiFID offering EQS. As a consequence it is expected there will not be any prices available for constituent shares on this service from that date.