LSEG Archives - The Industry Spread

LSEG to Acquire Refinitiv for $27 Billion Ahead of Brexit

August 3, 2019

Together, LSEG and Refinitiv generated combined annual revenue of over £6 billion in 2018. The combined business would have been the largest listed global financial markets infrastructure provider by revenue last year. LSEG expects revenue synergies to surpass £225 million by the end of year five following the transaction.

Johannesburg Stock Exchange Successfully Migrates Equity & FX Derivatives to LSEG Technology Platform

June 19, 2019

LSEG Technology, part of London Stock Exchange Group, today announces that the Johannesburg Stock Exchange (JSE) has successfully gone live with Equity and FX Derivatives on Millennium ExchangeTM and Millennium SurveillanceTM. This project entailed a major upgrade to the existing equity market whilst on-boarding both the Equity Derivatives Market (EDM) and the Foreign Exchange Derivatives Market (FXM).

LSEG Acquires Beyond Ratings to Integrate ESG Into Fixed Income

June 6, 2019

Beyond Ratings will sit within LSEG’s Information Services Division (ISD), which also includes FTSE Russell, and will operate as a contained business within the ISD. London Stock Exchange Group (LSEG) has acquired Beyond Ratings, a provider of smart data and analytics that integrates Environmental, Social and Governance (ESG) into fixed income.

LCH Group Selects UnaVista for Its SFTR-compliant Trade Repository

May 26, 2019

UnaVista is delighted to announce that it has been selected by LCH’s RepoClear as their trade repository to meet their reporting obligations under the Securities Financing Transaction Regulation (SFTR). LCH Group’s Collateral and Liquidity Management function will also be using UnaVista for its SFTR reporting. SFTR is scheduled to go live in April next year and will require firms to report details of their Securities Financing Transactions (SFTs) to an approved trade repository. Known as the ‘MiFID II for repo’, the regulation is designed to increase transparency, allowing regulatory authorities to assess the risks associated with these transactions. LCH provides Europe’s leading clearing service for government bond and repo markets, with €197 trillion cleared across the group in 2018.

LSEG – Capital Markets Division Leadership

April 7, 2019

London Stock Exchange Group (“LSEG”, “the Group”) today announces that Raffaele Jerusalmi, Group Director of Capital Markets, LSEG and CEO, Borsa Italiana, has informed the Group of his intention to step down as Group Director of Capital Markets by the end of 2019.

EuroCCP Obtains Post-Trade License Amid Brexit

March 19, 2019

Leading equities clearinghouse EuroCCP has obtained the necessary regulatory approvals to provide post-trade services to the EU-based entities of Aquis Exchange, Cboe Europe Equities and Turquoise, in the context of Brexit.