London Exchange Responds To Complaints, But Institutions Say It's Too Little Too Late

TRADING LINKS

LONDON--The London Stock Exchange has finally responded to the buy side community's gripes with its order-driven Stock Exchange Trading Service. In the eight months since it was launched, two of the most persistent complaints have been the wide spreads between bids and offers and the unsatisfactory liquidity.

Given the disappointment in the initial reactions of several veteran institutional traders contacted last week by ITT, it seems that the LSE has further to go before it adequately addresses

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