IT Is Silent Partner in LSE Bids

FRONT PAGE: NEWS ANALYSIS

LONDON—While the focus has been on the price that competing exchanges are willing to pay for the London Stock Exchange (LSE), the technologies in use behind the scenes constitute an important factor in the bidding war under way.

The competition for the LSE has been heating up over the past two weeks. Most recently, the Nasdaq Stock Market reportedly put forth a bid while the New York Stock Exchange (NYSE) is rumored to be mulling a possible offer. On March 10, LSE officials publicly rejected the

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