2nd April 2007
The London Stock Exchange is expanding its global network and distribution of market data by partnering with SAVVIS, a glo bal leader in IT infrastructure services for business applications.

The collaboration supports the Exchange's strategy to extend the international reach of its markets. The Exchange has established itself as the listing venue of choice for international issuers, with 107 international IPOs on its markets during 2006, more than any other exchange including NYSE and NASDAQ.  As a result of this growth, an increasing number of market participants from around the world are seeking access to trading on the Exchange's markets.

Linking to the SAVVIS network will allow traders in more than 40 countries to obtain market data from the London Stock Exchange more easily, helping to reduce the cost of trading on the London market. The Exchange will take advantage of SAVVIS' large US client base, including many of the major US investment banks, and will also benefit from SAVVIS' wider global network footprint, originally driven by its longstanding relationship with Reuters.

Financial institutions in Asia, Europe and the US will have direct access to the Exchange's data feeds using SAVVIS' global financial extranet. Clients can use a single link-up to access other global Exchanges, including the US capital, futures and commodities markets, maximising return on connectivity costs.

In addition, SAVVIS' highly secure and resilient network will help the Exchange meet strict compliance and reliability requirements and ensure robust, scaleable and safe delivery of its proprietary services.

Wendy Morgan, Head of Real-Time Data at the London Stock Exchange said, "the London Stock Exchange has fast become one of the most attractive markets for global investors. We believe this agreement will support us in extending our reach, providing additional low latency trading connectivity and real-time market data access to these investors.”

Richard Warley, International Managing Director at SAVVIS, said:

“The aim of our partnership is to increase electronic trading by making a greater amount of data available to international investors and traders, whilst increasing the speed at which they can conduct transactions ,”

“ Both London Stock Exchange and SAVVIS customers will benefit from greater access to major international Exchanges, supported by 24 data centres around the globe. This equates to seamlessly integrated and compliant services without the costs often associated with trading, including additional hardware, management and regulations,” said Warley.