London Stock Exchange Launches Mifid Offering

LONDON—The London Stock Exchange (LSE) is offering a new range of trading services to address the E.U.'s Markets in Financial Instruments Directive (Mifid), based around its new TradeElect platform, say LSE officials.

The new services are designed to provide member firms with alternatives to systematic internalization in order to help preserve the existing market model, says Danielle Ballardie, product manager for Mifid at the LSE.

London has a "strong advantage" because Mifid "mirrors the open

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