Content area
Full Text
Headnote
ENTERPRISE SOFTWARE
The London Stock Exchange has recouped the £40m cost of its electronic trading platform in under 12 months, using the technology to drive up its trading volumes.
The Tradelect platform has helped the London Stock Exchange to increase daily electronic trading by 82% and grow its profits by 52% to £265.2m over the past 12 months, the London Stock Exchange revealed when it announced its preliminary results on 22 May.
David Lester, CIO at the London Stock Exchange, said the company plans to continue to...