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Sunday, May 19, 2013
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Borsa Italiana's cash market go live on Millennium

26/06/2012 03:53 (327 Day 04:27 minutes ago)

The FINANCIAL -- London Stock Exchange Group is pleased to announce that Borsa Italiana’s cash markets have migrated to the ultra low-latency trading platform, Millennium Exchange.

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According to London Stock Exchange Group, the Millennium Exchange offers new order types, broadening trading and investment opportunities for market operators.

The move follows the successful migration of London Stock Exchange’s cash markets, Order Book for Retail Bond Market and the Turquoise MTF platform. Millennium Exchange is a highly scalable, multi-asset class trading platform, offering the LSE Group’s customers superior technical performance, ultra low-latency and enhanced functionality and flexibility.

Borsa Italiana has also updated the configuration of its servers in Milan, bringing the hardware closer to its markets to ensure better efficiency and coverage.

Raffaele Jerusalmi, CEO of Borsa Italiana said: "The migration of Borsa Italiana’s cash markets to the Millennium Exchange represents an important step for Borsa Italiana and its customers. As we have seen with previous migrations across the LSE Group, the platform provides exceptional levels of performance, functionality, and capacity."

 

 

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