LSE Uses Swift to Cut User Costs, Errors

INSIDE MARKET DATA EXCHANGES SPECIAL REPORT

The London Stock Exchange will launch next week a feed of corporate actions data on UK stocks over the Swift network that customers can feed directly into their back-office systems. The move is in direct response to an LSE survey of exchange members, who expressed demand for such a service.

The LSE is the official source for UK corporate actions notifications. The service, which goes live Aug. 2, will deliver corporate actions messages in near real time, using the MT564 corporate actions

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