London SETS the Pace
TRADING TECHNOLOGY
The London Stock Exchange (LSE) has hit the headlines around the world as it fights off the acquisition advances of its two European rivals, Euronext and the Deutsche Boerse. With offers from the German Boerse worth more than $2 billion, and with its pan-European rival Euronext detailing its proposed integration plans as Waters goes to press, observers might expect the LSE to put its plans on hold as it awaits the outcome.
But David Lester, CIO at the London exchange, has no such plans. In an
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