The London Stock Exchange’s operating profit for the first-half rose sharply because of new listings and growth in electronic trading, according to Reuters. As of the 30 September, the operating profit rose 60 percent to 81.3 million, compared to the same period in 2005. The LSE said revenue increase 20 percent to 163.3 million The algorithmic trading systems used break traders orders into smaller amounts, which minimises the impact on a stock’s price.
Electronic Trading Shows Promising Growth For London Stock Exchange
The London Stock Exchange's operating profit for the first half rose sharply because of new listings and growth in electronic trading, according to Reuters. As of the 30 September, the operating profit rose 60 percent to 81.3 million, compared to
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