Negotiated Dealing System (NDS)

The Negotiated Dealing System (NDS) is a computerised trading system that allows market participants to trade securities directly with each other. It is operated by the London Stock Exchange and is used for trading in a wide range of securities, including equities, bonds, and derivatives.

The NDS is a fully electronic system that allows market participants to trade securities at any time of the day or night. It is open to all market participants, including institutional investors, retail investors, and brokers.

The NDS is a transparent system that provides real-time quotes for all securities that are traded on the system. This allows market participants to make informed decisions about whether or not to trade a particular security.

The NDS is a secure system that protects the privacy of all trading information. This is important to ensure that market participants are confident that their trading information will not be disclosed to third parties.

The NDS is a liquid system that allows market participants to trade large volumes of securities quickly and easily. This is important for market participants who need to trade large volumes of securities in a short period of time.

The NDS is a cost-effective system that allows market participants to trade securities at a low cost. This is important for market participants who are looking to trade securities at a low cost.

The NDS is a regulated system that is subject to the rules and regulations of the London Stock Exchange. This ensures that the system is fair and transparent.

The NDS is a successful system that has been used to trade billions of pounds worth of securities. It is a valuable tool for market participants who are looking to trade securities quickly, easily, and at a low cost.