New market data promotion for retail investors

The London Stock Exchange has announced a volume discount pricing scheme for real time data delivered to the retail investor community. The initiative reaffirms the Exchange's ongoing commitment to increase the availability of order book data to all types of investor. Licensed distributors of the Exchange's real time data will now pay from as little as 20p per month per retail investor, encouraging them to implement cost effective access to real time market data.

Jarod Hillman, Head of Real Time Data at London Stock Exchange Group, said: "We are committed to the cost effective provision of real time Level 1 content. There is growing private investor appetite for direct access to trading services, as individuals seek to have greater control over their portfolios.  We are keen to ensure end users have the easiest and most cost effective access to high-quality real time data to inform their key trading decisions. This volume discount initiative reinforces that commitment."  

Level 1 data provides comprehensive information on both pre and post trading activity in all Main Market and AIM quoted securities in real time. Ahead of the new pricing model launch on 1st November 2010, the Exchange will operate an optional 2 month trial to encourage licensed distributers to promote the benefits of real time data to their users.