TradElect
E790466
TradElect was the London Stock Exchange’s next-generation electronic trading platform introduced in the mid-2000s to provide faster, more efficient order matching and trade execution.
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
electronic trading platform
ⓘ
securities trading system ⓘ |
| accessedBy | member firms of London Stock Exchange ⓘ |
| accessMethod | electronic trading interfaces ⓘ |
| architecture | distributed system ⓘ |
| basedOn |
.NET Framework
NERFINISHED
ⓘ
Microsoft SQL Server NERFINISHED ⓘ Microsoft Windows Server NERFINISHED ⓘ |
| country | United Kingdom ⓘ |
| deploymentEnvironment | London Stock Exchange data centres NERFINISHED ⓘ |
| developer | London Stock Exchange NERFINISHED ⓘ |
| feature |
electronic order book
ⓘ
fault tolerance ⓘ high-throughput order processing ⓘ low-latency trading ⓘ scalability ⓘ |
| goal | provide next-generation trading platform for London Stock Exchange ⓘ |
| impact | suspension of trading on London Stock Exchange ⓘ |
| industry |
capital markets
ⓘ
financial services ⓘ |
| introduced | mid-2000s ⓘ |
| language | C# NERFINISHED ⓘ |
| latencyClass | sub-second order processing ⓘ |
| launchDate | 2007 ⓘ |
| location |
London, England
ⓘ
surface form:
London
|
| matchingAlgorithm | price-time priority ⓘ |
| operator | London Stock Exchange NERFINISHED ⓘ |
| outage | September 2008 London Stock Exchange trading halt ⓘ |
| outageCause | technical failure ⓘ |
| owner | London Stock Exchange Group NERFINISHED ⓘ |
| purpose |
enhance reliability of trade execution
ⓘ
improve trading speed ⓘ increase trading capacity ⓘ modernize London Stock Exchange trading infrastructure ⓘ |
| replaced | SETS trading system NERFINISHED ⓘ |
| replacedBy | Millennium Exchange NERFINISHED ⓘ |
| status | decommissioned ⓘ |
| supports |
electronic limit orders
ⓘ
market orders ⓘ order book matching ⓘ |
| supportsMarket |
AIM (Alternative Investment Market)
NERFINISHED
ⓘ
London Stock Exchange main market NERFINISHED ⓘ |
| technologyVendor |
Accenture
NERFINISHED
ⓘ
Microsoft NERFINISHED ⓘ |
| type | proprietary trading system ⓘ |
| use |
equities trading
ⓘ
order matching ⓘ securities trading ⓘ trade execution ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.