ConnectivityW O R L D L E A D I N G A C C E S S TO T H E M A R K E T S

Exchange Hosting Exchange Hosting

What are the key benefits for clients?

The service provides clients with the lowest latency connectivity option, helping to manage risk and improve certainty of execution for their programmed trading strategies. The service also offers a secure and resilient data centre environment for key systems and hosts a community of prime brokers providing trading and other support services to non-members.

Exchange Hosting – London & Milan

What is Exchange Hosting?

Exchange Hosting provides the fastest route possible to the London Stock Exchange Group’s markets. Clients colocate their equipment directly within the same datacentre as the matching engines and market data for lowest latency access.

Who is it for?

Exchange Hosting is available to all trading participants (members and non-members) in London and Milan and also information vendors in London. The Hosting service is popular amongst proprietary trading firms and desks, as well as prime brokers, and is now home to a large community of low latency users.

Exchange Hosting LONDON and MILANExchange Hosting is the London Stock Exchange Group’s lowest latency connectivity option for firms seeking the fastest possible access to its markets. The Group has two co-location facilities:

• A fully owned and operated City of London datacentre serving the London Stock Exchange, Turquoise and Oslo Børs1 markets; and

• A datacentre in Milan for clients wishing to access Borsa Italiana’s MTA, ETF Plus, MOT, SEDEX and IDEM derivatives market.

Exchange Hosting has been an instrumental component of the Group’s strategy to increase the flow of liquidity onto its markets by reducing round trip latency times and increasing the likelihood of successful trading strategy execution. The service has enhanced and extended the Group’s range of connectivity options and gives flexibility to participants to connect to their hosted equipment through a choice of industry leading carriers.

Exchange Hosting enables trading participants to physically locate their servers within the Group’s datacentre facilities, providing low microsecond access to trading platforms and real-time market data services. Round-trip connectivity latency is as low as 25 microseconds for clients, the fastest performance possible due to the physical closeness of client and Exchange servers.

1 Olso Børs is not part of the London Stock Exchange Group markets.

Customer benefits of co-locating with the Exchange Clients today experience a number of significant benefits when choosing to host within the Group’s datacentres.

• The Group’s data centres are resilient and maintained to a very high standard with excellent up-time history;

• The facilities are strategically and centrally located to achieve good average latency to multiple trading venues;

• Our flexible connectivity model provides access to a range of industry leading low latency domestic and European carriers;

• High capacity 10Gb cross connectivity to trading and information services; and

• Low latency access to a growing community of prime brokers to facilitate trading and other essential support services for non-members.

Exchange Hosting Design Overview

CHOICE OF MULTIPLE LOW LATENCY CARRIERS

Currently

• BT• Colt• EUNetworks• Fastweb• Interoute• Level3• Retelit• Verizon

Other trading venues

Customer data centre

Millennium Exchange

SOLAItalian

Derivatives

MILAN

LONDON TO MILAN NETWORK LINK

Italian Cash Equity

Fixed Income

CUSTOMER DEDICATED CONNECTIVITY

ACCESS TO MULTIPLE MARKETS

Norwegian Cash Equity

Fixed Income

ASSET CLASS CUSTOMER HOSTED CABINETS

ExchangeHosting

CHOICE OF MULTIPLE LOW LATENCY CARRIERS

Currently

• AboveNet(Zayo)• BT• COLT• EUNetworks• GeoNetworks• Hibernia• Level3• Verizon

Other trading venues

Customer data centre

TRADING PLATFORM

LOW LATENCY

NETWORK ULTRA LOW LATENCY CARRIERS

Pan European Cash Equity

Millennium Exchange

LONDON

Russian and UK Derivatives

SOLA

Norwegian Derivatives

UK & IOB Cash Equity

Fixed Income

Nordic Cash Equity

Fixed Income

SIA TradeImpact

Pan European Fixed Income

SIA

DA

TA

CE

NTR

E

part of Oslo Børs ASA

World leading matching engines and market data systemsThe London Stock Exchange UK, AIM, International cash equity markets and Turquoise pan European cash equity market operate on the Group’s Millennium Exchange trading platform. Developed by London Stock Exchange Group’s leading trading technology business, Millennium IT, the trading platform offers the Exchange’s clients superior technical performance, consistently low-latency and enhanced functionality with common interfaces.

The Group’s derivatives platform SOLA is used for Borsa Italiana IDEM, Turquoise Russian and UK derivatives and Oslo Børs Norwegian Derivatives markets. The platform offers clients high performance and a highly resilient design with a broad range of functionality.

In addition to the DMA access model which will remain available to non-members, the London Stock Exchange and

Turquoise cash equity markets have a Sponsored Access service for enabling direct connectivity to the respective trading systems with Exchange-level pre-trade risk checks. This service further enhances the opportunities for clients wishing to participate in the Group’s markets from within the Exchange Hosting Service.

Dedicated Customer Connectivity – London and MilanLondon Stock Exchange has launched a high speed dedicated connectivity service between the Exchange Hosting London and Milan Data Centres.

The dedicated connectivity service utilises the fastest available route between the Exchange’s Data Centres for client own data. The Exchange has leveraged the low latency network, service experience and proven reliability of Level 3 Communications.

Key features

www.pieandmashdesign.com

London Stock Exchange Group provides customers with resilient,

scalable and low latency connectivity to our UK and pan-European

markets. We ensure effective delivery of the group’s markets and

services to a wide range of financial community participants.

As a leading global exchange venue, London Stock Exchange Group

continues to invest in technology innovation and infrastructure

development to meet the evolving needs of our customers.

Key benefits

» Customers can choose from a number of different physical access suppliers utilising existing commercial relationships or creating new ones

» Customer access ports can be sized from 2Mb to 10Gb to suit the information and trading service requirements of the firm

» Access to London Stock Exchange Group’s production and disaster recovery facilities are included as standard, providing customers the ability to recover quickly in difficult conditions

» Increased control through the management of your own technical infrastructure

» Improved performance over an optimised network infrastructure, increasing the probability of realising opportunities

Who is it for?

Customer Managed Connectivity (CMC) provides access to a wide range of customers, including members and non-members of the Exchange, Market Data Vendors and Independent Software Vendors (ISVs).

What is Customer Managed Connectivity (CMC)?

Customer Managed Connectivity (CMC) provides customers with additional choice and flexibility, when directly accessing London Stock Exchange Group.

Utilising an optimised network infrastructure, engineered for low latency, resiliency and scalability, customers are able to access our markets through a number of Accredited Connectivity Partners.

What are Accredited Connectivity Partners (ACP)?

A number of industry leading telecommunication providers have committed to working with London Stock Exchange Group to provide direct and dedicated connectivity to our markets.

Under London Stock Exchange Group’s accreditation programme, our Accredited Connectivity Partners have shown dedication to supporting mission critical market data and trading access, providing our customers with the reliability and stability required of the financial markets.

Main features

» Flexibility - Ability to choose from a number of different physical circuit providers

» Resilience - Cutting edge network design for high availability

» Scalability - Choice of access speeds, from 2Mb to 10Gb

» High performance - Optimised network infrastructure for direct low latency access to our markets

Customer Managed Connectivity (CMC) Evolving Market Access

Clients

CUSTOMERS CONTRACT DIRECTLY WITH LSEG

Access Ports 2Mb to 10GbLSEG SERVICES

LSEG Primary Datacentre

LSEG Backup Datacentre

Example Choice of connectivity supplier

Example Group services

CUSTOMERS CONTRACT DIRECTLY FOR CIRCUITS Accredited Connectivity Partners

Member firms

Non-member firms

Sponsored Access

Market Data Vendors

ISVs

Carrier B

Carrier A

Carrier C

Carrier D

1

2

2

EXC

HA

NG

E D

EMA

RC

ATION

Customer Managed Connectivity (CMC)

Customer Managed Connectivity (CMC) Customer Managed Connectivity (CMC)

What are the key benefits for clients?

These services support customers in their development and testing of the Millennium Exchange platform. They also allow clients to performance test their systems in order to optimise software and infrastructure.

Customer Certification and Testing Services

What is Customer Certification and Testing Services?

It is a range of services that allows clients to perform various tests against the London Stock Exchange’s Trading and Market Data testing services and interfaces.

Who is it for?

The services are particularly relevant to trading and technical staff within the Exchange’s member firms, information vendors and other market participants.

Customer Certification and Testing ServicesThe London Stock Exchange prides itself on its reliable, flexible and broad range of testing services. Our testing services support the interface between our customers’ applications and the Exchange’s Trading and Information systems.

Services available to clientsCustomer Development ServiceThe Customer Development Service (CDS) is a fully functioning simulation of the Exchange’s production environment against which our customers can run their Trading and Information applications.

Market activity is determined by the interaction between customers on the service. Exchange tools ensure that there is background activity in selected market segments, whilst a number of scripted scenarios allow our customers to follow pre defined marker actions. Customer specific instruments are also available if interaction with other customers is required.

Customer Testing Design Overview

Certification Test

Service

LiveConnectivity

Test

Customer Development

Service

High Volume Service

High Volume ServiceThe High Volume Service (HVS) is a specialised testing service providing an environment in which our customers can test that their infrastructure supports market data delivered at peak throughput, without dropping messages.

This service ensures customer’s systems are fully compatible with Exchange, and ensures that information delivery is supported in a high capacity environment.

This dynamic service broadcasts live data at a maximum rate across the broadcast services to which a customer subscribes.

The HVS will run Monday to Friday out of hours between 6pm and 8pm and requires enablement and disablement at an exchange level per customer.

High Volume Test sessions must be pre-booked and last approximately 120 minutes.

Key features

Putting your systems through their paces“ ”

All production market segments are supported on the CDS and constituents are regularly aligned with the live service.

CDS sessions can be pre-booked and allow access to the service for a full trading day with extended hours.

For those customers that test regularly or appreciate the convenience of uninterrupted access then a Continuous Access Service is offered as a cost effective and efficient means of testing.

Certification Test ServiceOur Certification Testing Service has been designed to allow customers to “Self” certify their applications. Customers are able to do their development and certify their software on our customer development environment, using a single set of enablement details.

Live Connectivity TestThe Live Connectivity Test allows our customers to test connectivity to the live environment prior to go-live and on any major changes to a customer’s configuration.

OPTIMISEDEVELOP CERTIFY CONNECT

Customer Certification and Testing Services Customer Certification and Testing Services

Customer Certification and Testing Services

Glen HardingProduct Manager – Customer Test ServicesE gharding@londonstockexchange.comT +44 (0)20 7797 1769STX 31769

The London Stock Exchange Group’s connectivity and client testing services have been developed to meet the evolving needs and demands of our diverse client base. Once connected to our markets, you will become part of a global financial community accessing one of the world’s largest pools of liquidity.

DIRECT CONNECTIVITY Direct Connectivity to our markets, including CMC and Extranex, is a fully managed, secure and resilient communications service that enables clients to directly connect to the Group’s markets from their own location. Reliability is delivered through dedicated resources managing the service that connects client’s to our primary and secondary datacentres for maximum resilience.

EXCHANGE HOSTING With our co-location services in London and Milan, clients are able to place their equipment directly in the same secure and highly resilient datacentres as the trading systems. This provides connectivity to all of the Group’s markets via the ultra-low latency Hosting network, the fastest possible route to our markets.

CUSTOMER CERTIFICATION AND TESTING SERVICES Clients utilise our testing environment and client support services to ensure their systems are developed efficiently and functionally, are accredited and perform as expected ahead of commencing live trading operations on our markets.

STX Our voice service, STX, is the essential voice network and trading platform bringing together over 275 member firms and industry professionals from across the UK, Republic of Ireland and Channel Islands to create a community of over 5000 users. Widely used and valued, STX supports a range of business activities, allowing business partners to tailor and transact what are often complex and highly customised ad-hoc transactions.

We continually develop and evolve the connectivity services available for clients to access our markets with choice, performance, reliability and flexibility key in delivering successful solutions.

For further details on our products or services please contact:

World leading access to the markets

Exchange Hosting

Andrew BaileyProduct Manager – Exchange Hosting and Proximity ServicesE hosting@londonstockexchange.comT +44 (0)20 7797 4114STX 34114

Direct Connectivity

Jamal FarooqiProduct Manager – Connectivity and AccessE jfarooqi@londonstockexchange.comT +44 (0)20 7797 3866STX 33866

STX

Tracy RedgraveProduct Manager – STXE tredgrave@londonstockexchange.comT +44 (0)20 7797 1073STX 31073

PM0248_LSEG_Connectivity_Full_Brochure

Copyright disclaimer

The content of this material is not offered as advice on any particular matter and must not be treated as a substitute for specific advice. The London Stock Exchange attempts to ensure that all information used in this material is accurate and reliable, however all information is provided “AS IS” and on an “AS AVAILABLE” basis and may not be accurate or up to date. The information provided by the London Stock Exchange may or may not have been prepared by the Exchange but is made available without responsibility on the part of the London Stock Exchange. No responsibility is accepted by or on behalf of the London Stock Exchange plc or any of its group undertakings for any errors, omissions, or inaccurate information. Neither London Stock Exchange plc nor any of its group undertakings make any representations and the London Stock Exchange plc and each of its group undertakings disclaims all express, implied and statutory warranties of any kind, including warranties as to accuracy, timeliness, completeness, merchantability or fitness for any particular purpose. Except as is otherwise indicated, the Exchange is the owner of the copyright in all the information and of all related intellectual property rights, including but not limited to all database rights, trade marks, service marks and logos.

Copyright © April 2013 London Stock Exchange plc. Registered in England and Wales No. 2075721. London Stock Exchange plc, 10 Paternoster Square, London EC4M 7LS. Telephone: +44 (0)20 7797 1000.