| From Financial News: Migration of Italian systems to TradElect has been delayed. The London Stock Exchange’s position as the largest stock market in Europe has made it the main target for the new breed of trading systems looking to take market share.
The exchange has responded to the threat of competition in two key ways however, by funding and delivering in June last year a new equity trading platform TradElect, and by buying Italian exchange group Borsa Italiana to diversify its business into derivatives and post-trade services. One year on from the €1.6bn ($2.2bn) takeover of the Italian market, a key focus for the LSE Group is integrating the two businesses which involves moving some of the various divisions of Italian exchange group to the TradElect platform...... Full Article: Source
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