London Stock Exchange to Revamp SETSmm

EXCHANGE TECHNOLOGIES

LONDON—The London Stock Exchange (LSE) is proposing changes to its SETS Market Maker (SETSmm) trading system in an attempt to expand the platform's instrument coverage.

Starting this week, the exchange will begin a consultation period about its proposals. LSE members have until Dec. 10 to comment.

Launched a year ago, SETSmm combines the benefits of SETS (Stock Exchange Electronic Trading Service) with the market making of the LSE, officials say. The platform supports trading on 222 stocks, mostly

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