Factsheet

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Block BTSTrade Wholesale Blocks on LSEDM using BTS

Use the new off-book functionalities for UK and emerging derivatives on LSEDM, including

— Cross Orders

— Bundle Orders

— Third Party Orders

— FLEX Series Creation

— Trading Manager

— Market Messages

Benefits — Straight Though Processing Once accepted, trades are sent to clearing giving Members access to LCH.Clearnet collateral pool

— Trade Blotter Participants can track the status of their unconfirmed trades and accepted trades as well as their custom created flex series

— Reduced Execution Risk Fully automated solution, compared to current manual trade reporting service, reducing likelihood of manual error in trade entry

— MiFID II compliant Trades reported under the rules of LSEDM.

Features of Block BTS

Cross Orders (Bilateral) Send standard Committed bilateral trades as per LSEDM’s contract specifications.Execution guaranteed

Bundle Orders Send Multiple “Committed/Cross Trades” into the trading system from one unique window ensuring simultaneous execution

Third Party Orders Specifically designed for Reporting Brokers, this functionality allows the reporting of multiple “Committed/Cross trades” on behalf of LSEDM’s members in one unique window preserving counterpart anonymity.

FLEX Series Creation Create your own non standard financial instruments as per LSEDM’s contract specifications

Trading Manager Full control of your orders and trades via a designed Blotter enhancing your trade flow life cycle

Market Messages Built-in Instruments status window for broadcasted messages by the Exchange

Introducing a new, innovative service making full use of London Stock Exchange Derivatives Market SOLA matching engine’s wholesale functionalities for equity derivatives. Using Block BTS, LSEDM Members can now trade Blocks with one or more counterparties through custom strategies. Block BTS offers a new route to access LSEDM’s suite of markets through a simple local application on a web-based platform.

Who can I contact?BTSSalesMkt@lseg.com+44 (0)20 7797 3200

LSEDM.sales@lseg.com+44 (0)20 7797 3833

Factsheet

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Source: London Stock Exchange trade statistics – September 2013

BTS Block Menu BarControl panel for all of the Block BTS functionality. Create and save up to 6 Virtual Desks, depending on your needs.

1. Cross Order EntrySend in bilateral trades in standard and flex instruments through the Cross Order window.

2. Bundled Order EntryCreate your own multi-leg bilateral trades in standard and flex instruments…

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3. Bundled Order/Third Party Manager… And monitor the acceptance of each leg and/or receive legs to accept from an LSEDM Reporting Broker or another Member through the Bundle Order and Third Party Manager.

4. Flex Series Creation and ManagerCreate your own non standard derivatives through the Flex Series Creation window. Monitor them till expiry or create a Cross order/ Bundled order on them through the Flex Series Manager.

Factsheet

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This Factsheet is for information only. London Stock Exchange plc has made reasonable efforts to ensure that the information contained in this Factsheet is correct at the time of printing, but shall not be liable for any decisions made in reliance on it. It does not constitute investment advice, nor is it intended to constitute an invitation or inducement to engage in any investment activity. This Factsheet does not constitute an offer to sell or the solicitation of an offer to purchase any security, investment product or service in the United States or any other jurisdiction in which such an offer or solicitation is not authorised. © June 2015. London Stock Exchange Group plc, 10 Paternoster Square, London EC4M 7LS.

5. Trading ManagerView each of your unconfirmed orders/ trades and confirmed/rejected trades through the Trading Manager.

6. Market MessagesView broadcasted messages by the Exchange and messages generated through your trading in real-time through the Market Messages window.