LSE Sets New Date for MillenniumIT Migration

The London Stock Exchange has delayed the migration of its UK main equity market and pan-European multilateral trading facility Turquoise to a new trading platform and data distribution engine from its recently acquired MillenniumIT exchange technology subsidiary, to give user firms and vendors more time to conduct the necessary systems testing for the migration.

In a letter dated July 1, the exchange told clients that it has completed development of the new technology platform, but has

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