Trading systems jockey for algo trades

Tuesday 10 June 2008 at 08:13

The London Stock Exchange and Turquoise, the London-based platform set to launch in September, have unveiled new high-speed trading systems as Europe's established and new exchanges step up their efforts to attract high-frequency algorithmic traders.

The London Stock Exchange, which a year ago introduced a new trading system, boosting its speed and volume processing, yesterday went live on a new high-speed data delivery service.