21 October 2017
Register now

ADVFN delivers Plus and LSE Level 3 data

11 May 2007  |  2536 views  |  0 Source: ADVFN

ADVFN (LSE:AFN) has joined forces with PLUS Markets Group to supply investors with the most complete view of stock data for London Stock Exchange-listed shares.

The Level 3 product combines two pools of liquidity by showing the full order book - all outstanding orders to buy and sell shares in the market - for stocks traded on both the London Stock Exchange (LSE) and on the PLUS quote-driven trading platform. ADVFN is the only place on the internet where private investors can view an amalgamation of the 'bid' and 'offer' for each market participant, in addition to the size they are buying or selling in, for both trading platforms.

The move to incorporate data from PLUS, which is quickly becoming a favoured trading platform for UK retail brokers and market makers, into ADVFN's Level 3 screen marks a major elevation in market transparency for private investors.

"Level 2 as we currently know it only shows LSE trading data. As such, it is an incomplete picture of what is happening in the market. Without PLUS trading information, investors simply don't have an accurate and comprehensive view of market trading," said Clem Chambers, CEO of ADVFN. "ADVFN champions the private investor and therefore fully supports PLUS in its creation of an alternative deep pool of trading liquidity which has become a crucial part of UK share trading."

"We are delighted to be working with ADVFN to provide private investors with the most complete picture of trading activity in the London equity markets," said Cyril Theret, Business Development Director at PLUS Markets Group. "We are committed to total market transparency, better prices for investors and improving liquidity for the increasing number of companies trading on our platform. ADVFN's Level 3 is a significant step forward in delivering these benefits to private investors."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.vasco.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
9994 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8947 views comments | 13 tweets | 10 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
8848 views comments | 17 tweets | 20 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8038 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7715 views comments | 10 tweets | 22 linkedin

Featured job

Find your next job