Connectivity
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Connectivity WORLD LEADING ACCESS TO THE MARKETS Exchange Hosting – London & Milan Exchange Hosting Design Overview ACCESS TO LOW Exchange Hosting MULTIPLE TRADING LATENCY Key features ASSET CLASS MARKETS PLATFORM NETWORK CUSTOMER HOSTED ULTRA LOW LATENCY CARRIERS CABINETS UK & IOB What is Exchange Hosting? Who is it for? What are the key benefits for clients? Cash Equity Fixed Income CHOICE OF MULTIPLE Exchange Hosting provides the Exchange Hosting is available to The service provides clients with LOW LATENCY CARRIERS Pan European fastest route possible to the London all trading participants (members the lowest latency connectivity Cash Equity Currently Other trading Millennium venues Stock Exchange Group’s markets. and non-members) in London and option, helping to manage risk and Norwegian Exchange • AboveNet (Zayo) Clients colocate their equipment Milan and also information vendors improve certainty of execution for Cash Equity • BT Fixed Income • COLT directly within the same datacentre in London. The Hosting service is their programmed trading strategies. • EU Networks Nordic • Geo Networks as the matching engines and market popular amongst proprietary trading The service also offers a secure and Cash Equity • Hibernia part of Oslo Børs ASA Customer data data for lowest latency access. firms and desks, as well as prime resilient data centre environment for Fixed Income • Level 3 • Verizon centre brokers, and is now home to a large key systems and hosts a community Russian and community of low latency users. of prime brokers providing trading UK Derivatives and other support services to non- SOLA members. Norwegian Derivatives LONDON Exchange Hosting LONDON and MILAN LONDON TO MILAN NETWORK LINK CUSTOMER DEDICATED CONNECTIVITY Exchange Hosting is the London Stock Exchange Group’s Customer benefits of co-locating lowest latency connectivity option for firms seeking the with the Exchange fastest possible access to its markets. The Group has two Italian CHOICE OF MULTIPLE Millennium Cash Equity LOW LATENCY CARRIERS Other trading co-location facilities: Exchange venues Clients today experience a number of significant Fixed Income Currently • BT • A fully owned and operated City of London datacentre benefits when choosing to host within the Group’s • Colt serving the London Stock Exchange, Turquoise and Oslo datacentres. Italian • EU Networks Derivatives SOLA • Fastweb Børs1 markets; and • Interoute • Level 3 Customer data • A datacentre in Milan for clients wishing to access • The Group’s data centres are resilient and • Retelit centre • Verizon Borsa Italiana’s MTA, ETF Plus, MOT, SEDEX and IDEM maintained to a very high standard with excellent Pan European SIA derivatives market. up-time history; Fixed Income TradeImpact CENTRE SIA DATA SIA DATA Exchange Hosting has been an instrumental component of • The facilities are strategically and centrally located MILAN the Group’s strategy to increase the flow of liquidity onto its to achieve good average latency to multiple trading markets by reducing round trip latency times and increasing venues; the likelihood of successful trading strategy execution. The World leading matching engines and market data systems Turquoise cash equity markets have a Sponsored Access service has enhanced and extended the Group’s range • Our flexible connectivity model provides access to a The London Stock Exchange UK, AIM, International cash service for enabling direct connectivity to the respective of connectivity options and gives flexibility to participants range of industry leading low latency domestic and equity markets and Turquoise pan European cash equity trading systems with Exchange-level pre-trade risk checks. to connect to their hosted equipment through a choice of European carriers; market operate on the Group’s Millennium Exchange trading This service further enhances the opportunities for clients industry leading carriers. platform. Developed by London Stock Exchange Group’s wishing to participate in the Group’s markets from within the • High capacity 10Gb cross connectivity to trading leading trading technology business, Millennium IT, the Exchange Hosting Service. Exchange Hosting enables trading participants to physically and information services; and trading platform offers the Exchange’s clients superior locate their servers within the Group’s datacentre facilities, technical performance, consistently low-latency and Dedicated Customer Connectivity – London and Milan providing low microsecond access to trading platforms • Low latency access to a growing community enhanced functionality with common interfaces. London Stock Exchange has launched a high speed and real-time market data services. Round-trip connectivity of prime brokers to facilitate trading and other dedicated connectivity service between the Exchange latency is as low as 25 microseconds for clients, the fastest essential support services for non-members. The Group’s derivatives platform SOLA is used for Borsa Hosting London and Milan Data Centres. performance possible due to the physical closeness of client Italiana IDEM, Turquoise Russian and UK derivatives and and Exchange servers. Oslo Børs Norwegian Derivatives markets. The platform The dedicated connectivity service utilises the fastest offers clients high performance and a highly resilient design available route between the Exchange’s Data Centres for with a broad range of functionality. client own data. The Exchange has leveraged the low latency network, service experience and proven reliability 1 Olso Børs is not part of the London Stock Exchange Group markets. In addition to the DMA access model which will remain of Level 3 Communications. available to non-members, the London Stock Exchange and Exchange Hosting Exchange Hosting www.pieandmashdesign.com Customer Managed Connectivity (CMC) Customer Managed Connectivity (CMC) London Stock Exchange Group provides customers with resilient, Evolving Market Access scalable and low latency connectivity to our UK and pan-European CUSTOMERS CONTRACT markets. We ensure effective delivery of the group’s markets and CUSTOMERS CONTRACT DIRECTLY FOR CIRCUITS DIRECTLY WITH LSEG LSEG SERVICES Accredited Connectivity Partners services to a wide range of financial community participants. Access Ports 2Mb to 10Gb Example As a leading global exchange venue, London Stock Exchange Group Group services Example Choice of connectivity supplier LSEG Member firms continues to invest in technology innovation and infrastructure Primary Datacentre development to meet the evolving needs of our customers. Carrier A Non-member firms 2 Carrier B DEMARCATION EXCHANGE What is Customer Managed What are Accredited Who is it for? Connectivity (CMC)? Connectivity Partners (ACP)? Clients 1 Carrier C LSEG Customer Managed Connectivity A number of industry leading Customer Managed Connectivity Backup Datacentre (CMC) provides customers with telecommunication providers have (CMC) provides access to a wide Sponsored Access 2 additional choice and flexibility, committed to working with London range of customers, including Carrier D when directly accessing London Stock Exchange Group to provide members and non-members of the Stock Exchange Group. direct and dedicated connectivity to Exchange, Market Data Vendors Market Data Vendors our markets. and Independent Software Vendors Utilising an optimised network (ISVs). infrastructure, engineered for low Under London Stock Exchange ISVs latency, resiliency and scalability, Group’s accreditation programme, customers are able to access our Accredited Connectivity our markets through a number of Partners have shown dedication to Accredited Connectivity Partners. supporting mission critical market data and trading access, providing our customers with the reliability and stability required of the financial markets. Key benefits » Customers can choose from a number of different physical access suppliers utilising existing commercial relationships or creating new ones Main features » Customer access ports can be sized from 2Mb to 10Gb to suit the information and trading service requirements of the firm » Flexibility - Ability to choose from a number of different physical circuit providers » Access to London Stock Exchange Group’s production and disaster recovery facilities are included as standard, » Resilience - Cutting edge network design for high availability providing customers the ability to recover quickly in difficult conditions » Scalability - Choice of access speeds, from 2Mb to 10Gb » Increased control through the management of your own technical infrastructure » High performance - Optimised network infrastructure for direct low latency access to our markets » Improved performance over an optimised network infrastructure, increasing the probability of realising opportunities Customer Managed Connectivity (CMC) Customer Managed Connectivity (CMC) Customer Certification and Testing Services Key features Customer Testing Design Overview What is Customer Certification Who is it for? What are the key benefits and Testing Services? for clients? DEVELOP OPTIMISE CERTIFY CONNECT The services are particularly relevant It is a range of services that to trading and technical staff within These services support customers allows clients to perform various the Exchange’s member firms, in their development and testing tests against the London Stock information vendors and other of the Millennium Exchange Exchange’s Trading and Market Data market participants. platform. They also allow clients testing services and