What is Sponsored Access?
London Stock Exchange's Sponsored Access service allows customers a direct technical connection to the London Stock Exchange's electronic order book under the trading codes of a Sponsoring Firm. Sponsored Users will be able to execute low latency strategies in all centrally cleared securities, including FTSE100 and FTSE250 stocks, International Order Book, ETFs and ETCs. A parallel service is also available to access pan-European lit and dark order books operated by Turquoise.
- Retain broker execution relationship
- Independent connectivity
- Option to host in LSE data centre
- Cancel on disconnect
- Post trade drop copy
- Trade Turquoise pan European MTF with the same infrastructure
- Direct access to the deepest pool of liquidity in UK equities
- Execute low latency strategies in FTSE 100, FTSE 250, ETFs, ETCs and all other centrally cleared securities
- Trade the centrally cleared instruments of the LSE's emerging market service: International Order Book
- Establish a technical connection to the LSE's trading system while retaining a broker execution relationship
- Full range of LSE connectivity options, including ultra-low latency exchange hosting
Service overview
- All orders are submitted under the codes of the Sponsoring Firm and subject to the same rules and supervision as member firm flow
- Exchange Level Controls intermediate the Sponsored User's flow on behalf of the Sponsoring Firm
- Participants connect to London Stock Exchange based on the native interface
- Sponsoring Firms are provided with a drop copy service in order to monitor the Sponsored User
- Sponsoring Firms have access to a Sponsored Portal allowing them to remotely modify certain parameters of the Exchange Level Controls
- Sponsored Users can receive market data directly from London Stock Exchange or from a vendor
Sponsored Users have a choice of connectivity options to access London Stock Exchange’s trading system, ranging from ultra-low latency exchange hosting to Extranex and third party network providers. Hosted participants also benefit from a carrier-neutral connectivity model between their hosted equipment and their external locations.
Exchange Level Controls provide a layer of pre-trade risk management, while the post-trade drop copy allows the Sponsoring Firms to view the Sponsored Users activity. Sponsoring Firms also have access to a Sponsor Portal where they can adjust certain parameters of the Exchange Level Controls that apply to their individual users.
In the event of the Sponsored User losing their connection to the trading system, or the Sponsoring Firm losing their post trade drop copy connection, all Sponsored User open orders will be cancelled.
Sponsored Users apply for the service via their chosen Sponsoring Firm.
Trading access
Find out about the recent insights and reports
2020 – A year of green milestones for the Sustainable Bond Market
2020 has been a memorable year for London Stock Exchange’s Sustainable Bond Market (SBM).
Already home to the first certified green bonds out of China, India, and the Middle East, and to the first sovereign green bonds from Asia Pacific and the Americas, SBM welcomed 39 bonds rais
2020 - A year of resilience
London’s capital markets ecosystem showed its mettle during the pandemic. Public markets quickly supported businesses and institutions in raising funds to shore up balance sheets and continue to fund growth and innovation.
445 businesses returning to the market raising £40.8bn in follow-on capital (67% more than in 2019). Over £73bn was raised through COVID-19 response bFixed Income Pulse: CEE, CIS and Russia – A busy time for the region
Emerging Europe and Central Asian issuers have been active in 2020, as we’ve seen a flurry of first-time issuers and local currency bonds from the region come to our markets.
Hungary was one of the first sovereigns from the region to list its bonds in London this year, raising €2 billion at the end of April, shortly followed by its debut green bond in June 2020 on London Stock
Thirty years of China's capital markets
December 2020 marks 30 years since the creation of both Shanghai Stock Exchange and Shenzhen Stock Exchange. Between them, there are approximately 4,100 listed companies with a target market capitalisation of about RMB77,244bn. The pace of change and growth in Chinese capital markets is unparalleled and international participation and interest in these markets continues to also grow a