ION’s LIST connects FastTrade digital buying and selling system to the Luxembourg Inventory Alternate

LIST, an ION firm, has accomplished the certification course of to attach its FastTrade digital buying and selling system to the Luxembourg Inventory Alternate (LuxSE).

Enrico Melchioni

The event follows the profitable migration of LIST’s Borsa italiana shopper onto Euronext’s Optiq know-how earlier this yr.

Learn extra: LIST completes migration to Euronext’s Optiq

LIST’s FastTrade modular resolution is designed as a low-latency, multi-asset digital buying and selling system, providing full customisation and buying and selling functionalities.

The platfom’s normalised connectivity structure allows integration of LuxSE that makes use of Euronext’s Optiq know-how.

“Following the profitable migration of our purchasers to the Optiq buying and selling platform earlier this yr, we’re delighted to share FastTrade’s newly licensed connectivity to the Luxembourg Inventory Alternate,” mentioned Enrico Melchioni, product proprietor for FastTrade at LIST.

“This newest initiative displays our dedication to swift adaptation according to the market’s evolution and our purchasers’ wants and consolidates our place as a key supplier of cross-asset, multi-market buying and selling know-how and connectivity.”

By way of the activation of a brand new licensed adapter in FastTrade, LIST affords purchasers the flexibility to entry all merchandise listed on LuxSE throughout all asset courses.

All present functionalities, particularly: buying and selling, execution, and liquidity provision, are made obtainable mechanically to purchasers desirous to entry LuxSE.

This can allow purchasers deploying FastTrade to learn from an expanded connectivity base, alongside the flexibility to develop their buying and selling functionality.

“This marks an vital step in bringing elevated visibility to the big selection of securities obtainable for buying and selling on the Luxembourg Inventory Alternate and facilitate the onboarding of latest buying and selling members,” mentioned Man Weymeschkirch, head of markets and surveillance at LuxSE.

“We look ahead to reinforcing our work and collaboration with LIST sooner or later.”