Skip to main content

Intercontinental Exchange Mulls Counterbid for London Stock Exchange

NYSE owner confirms possibility of bid to hijack LSE-Deutsche Börse merger, yet to make formal contact with LSE.

The entrance to the London Stock Exchange
London Stock Exchange could soon be the centre of a bidding war between Intercontinental Exchange and Deutsche Börse.

A statement from ICE confirmed that it is considering an offer for LSE but said "there can be no certainty that an offer will be made" and that no contact had been made with the LSE board over a bid. ICE will issue a further statement of its intent before the March 29 deadline.

ICE most recently acquired market and reference provider Interactive Data in a $5.2 billion deal and the Trayport energy and commodities trading platform for $650 million.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here