Sponsored Access

What is Sponsored Access?

London Stock Exchange's Sponsored Access service allows customers a direct technical connection to the London Stock Exchange's electronic order book under the trading codes of a Sponsoring Firm. Sponsored Users will be able to execute low latency strategies in all centrally cleared securities, including FTSE100 and FTSE250 stocks, International Order Book, ETFs and ETCs.  A parallel service is also available to access pan-European lit and dark order books operated by Turquoise.

  • Retain broker execution relationship
  • Independent connectivity
  • Option to host in LSE data centre
  • Cancel on disconnect
  • Post trade drop copy
  • Trade Turquoise pan European MTF with the same infrastructure
  • Direct access to the deepest pool of liquidity in UK equities
  • Execute low latency strategies in FTSE 100, FTSE 250, ETFs, ETCs and all other centrally cleared securities
  • Trade the centrally cleared instruments of the LSE's emerging market service: International Order Book
  • Establish a technical connection to the LSE's trading system while retaining a broker execution relationship
  • Full range of LSE connectivity options, including ultra-low latency exchange hosting

Service overview

  • All orders are submitted under the codes of the Sponsoring Firm and subject to the same rules and supervision as member firm flow
  • Exchange Level Controls intermediate the Sponsored User's flow on behalf of the Sponsoring Firm
  • Participants connect to London Stock Exchange based on the native interface
  • Sponsoring Firms are provided with a drop copy service in order to monitor the Sponsored User
  • Sponsoring Firms have access to a Sponsored Portal allowing them to remotely modify certain parameters of the Exchange Level Controls
  • Sponsored Users can receive market data directly from London Stock Exchange or from a vendor

Sponsored Users have a choice of connectivity options to access London Stock Exchange’s trading system, ranging from ultra-low latency exchange hosting to Extranex and third party network providers. Hosted participants also benefit from a carrier-neutral connectivity model between their hosted equipment and their external locations.

Exchange Level Controls provide a layer of pre-trade risk management, while the post-trade drop copy allows the Sponsoring Firms to view the Sponsored Users activity. Sponsoring Firms also have access to a Sponsor Portal where they can adjust certain parameters of the Exchange Level Controls that apply to their individual users.

In the event of the Sponsored User losing their connection to the trading system, or the Sponsoring Firm losing their post trade drop copy connection, all Sponsored User open orders will be cancelled.

Sponsored Users apply for the service via their chosen Sponsoring Firm.

Documents and downloads

Registered market makers by security

Find out about the recent insights and reports

Going direct: a Wise decision

Not every listing on the public markets has the aim of raising fresh capital. For fast-growing international technology company Wise, its Direct Listing on the Main Market of London Stock Exchange provides a way to broaden its ownership while remaining focused on its mission. Co-founder and CEO Kristo Käärmann explains their novel thinking and approach.

Learn more
Growth in tech, sustainable finance and diverse boards define London’s first half.

Learn more
Trustpilot: Denmark’s tech unicorn puts its trust in London

Founded in Denmark in 2007, Trustpilot has developed into a global review platform with a mission to create a universal symbol of trust. Joining the premium segment of London’s Main Market, with its high standards of regulation and corporate governance, was an obvious choice for the first Danish tech unicorn to list in London.

Learn more
Global exposure, best execution: why London is at the centre of global securities trading

Robert Barnes
Group Head of Securities Trading & CEO Turquoise Global Holdings

 

The world trades in London

In the time zone that is central to the global business day, London’s role in global finance has always been pivotal. And at London’s heart is London Stock Exchange, which for centuries has provided choice and liquidity for investors and traders

Learn more

Still have questions on sponsored access?

Enquire