| Cross-market linkage |
| Stock Exchanges have been seeking ways in which
they can offer cross-border trading services to their members. Many
of these see the solution to form alliances . There are many such
alliances but few have actually produced any solutions. Trading
Technology has pioneered a technical solution that allows
exchanges to be able to pass orders between themselves without the
need to merge or buy a great deal of new technology. This solution
has been adopted in the more forward-thinking exchanges in Europe.
We were called in to advise two major European Exchanges on constructing
a link to pass orders between markets. Trading Technology documented
the existing infrastructure, proposed high-level solutions and specified
a detailed set of requirements for the link. |
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