TradElect

E790466

TradElect was the London Stock Exchange’s next-generation electronic trading platform introduced in the mid-2000s to provide faster, more efficient order matching and trade execution.

All labels observed (1)

Label Occurrences
TradElect canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf electronic trading platform
securities trading system
accessedBy member firms of London Stock Exchange
accessMethod electronic trading interfaces
architecture distributed system
basedOn .NET Framework
Microsoft SQL Server
linked to: SQL Server

Microsoft Windows Server
linked to: Windows Server
country United Kingdom
deploymentEnvironment London Stock Exchange data centres
developer London Stock Exchange
feature electronic order book
fault tolerance
high-throughput order processing
low-latency trading
scalability
goal provide next-generation trading platform for London Stock Exchange
impact suspension of trading on London Stock Exchange
industry capital markets
financial services
introduced mid-2000s
language C#
latencyClass sub-second order processing
launchDate 2007
location London
linked to: London, England
matchingAlgorithm price-time priority
operator London Stock Exchange
outage September 2008 London Stock Exchange trading halt
outageCause technical failure
owner London Stock Exchange Group
purpose enhance reliability of trade execution
improve trading speed
increase trading capacity
modernize London Stock Exchange trading infrastructure
replaced SETS trading system
replacedBy Millennium Exchange
status decommissioned
supports electronic limit orders
market orders
order book matching
supportsMarket AIM (Alternative Investment Market)
London Stock Exchange main market
linked to: UK Main Market
technologyVendor Accenture
Microsoft
type proprietary trading system
use equities trading
order matching
securities trading
trade execution

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.