GATElab’s traderpath certified for the new LSE Millennium Exchange platform

GATElab, leading supplier of end-to-end connectivity and trading solutions, today announced the successful completion of the certification process for Millennium Exchange, the new low-latency high-throughput trading platform of the London Stock Exchange Group for the UK cash market, which will go live on 14 February 2011.

The challenging standards to be set by the LSE market platform, ready to achieve an average transaction time of sub-0.2 millisecond for a start, are naturally met by traderpath, the state-of-the-art platform designed by GATElab with innovative technology to boost performance of mission-critical tasks even for the most demanding customers, such as: high-volume parallel quoting for market makers and algorithmic trading for price takers.

GATElab's multi-asset cross-market suite of components, MiFID compliant, fulfils the needs of buy-side, sell-side and hedge-fund partners: from a fast single click trading front end to a flexible and easily programmable automated trading and quoting engine, from a dealer-to-broker fix interconnection and a fast EMS, to real time forwarding of trades/orders to position keeping and back-office system.