Threat to Exchange

Click to follow
The Independent Online
The first serious competition to the London Stock Exchange received approval from the City's main regulator, the Securities and Investments Board, this week.

Tradepoint Financial Networks is a screen-based electronic share-trading market which anonymously matches buy and sell orders at the same price.

This differs from the London Stock Exchange, where market-makers quote firm prices at which they will buy and sell large numbers of shares.

Looking for credit card or current account deals? Search here

Comments