LSE Readies LMIL Replacement

FRONT PAGE: EXCHANGE WATCH

The London Stock Exchange will meet customers this week to confirm testing dates for the direct datafeed that will replace the eight-year-old London Market Information Link, officials say.

In a briefing document, the exchange describes the new feed, dubbed Infolect, as a "rebuilt, functionally enhanced replacement of LMIL" rather than a new product built from scratch. It is designed to encourage more user firms to source data via direct connections to the exchange by providing a "more functio